Still more things I've written in other places
And memes
As most of you know by (I hope), I don’t really write in this stack any more so I periodically add links to things I have done outside.
Probably the most exciting thing has been a couple of long-form appearances in FT Alphaville, which lies outside the FT paywall. Most recently, I put my long-standing social media rant on how the structure and size of the US healthcare system has to be considered a contributor to the Global Imbalance issue into a somewhat longer format here. Please read it here.
Along similar lines I had another Alphaville appearance in January, where I expand on another long-standing peeve—that the most important facet of currency internationalization is not reserve status but rather widespread use of the currency as a vehicle for cross-border borrowing in tradable global securities markets, and that RMB is just not there yet. (I write this as someone who actually is a bear on the value of the dollar in FX markets as well as a bear on the role of the dollar in the international monetary system—with the second process playing out a far more glacial pace).
Also in pink, but inside the paywall are a couple of letters. The first yells at Oren Cass that America’s biggest problems are actually in its non-tradable sectors, and the second expresses the hope that the arithmetic of redressing global imbalances might be less problematic than it seems, given enough time.
I also have a job where I get to write things, most of which lies outside a paywall at QI’s online newspaper, Responsible Statecraft, which I urge you to check out. Some recent examples are here.
https://responsiblestatecraft.org/war-ian-global-economy/
https://responsiblestatecraft.org/opec-uae/
We also do long-form briefs
This, cowritten with my colleague, Dan Ford, has suggestions for how the newly beefed up US Development Finance Corporation could work, ideally in a way that is less security-centric). This theme was also picked up in our joint appearance on the awesome China Global South podcast
We also do Webinars and Book Talks.
Our most recent webinar was on the Iran War and the Global South with Greg Priddy and Rachel Zambia
I had book talks with Dmitry Grobuzinsky on Why Politicians Lie About Trade, Barry Eichengreen on Global Currencies, and Duncan Weldon on Blood and Treasure.
I also talked a little bit about markets in a conversation with Horacio Coutino and Renee Friedman of Exante EU here. I also recently have a piece in Le Grand Continent (it’s in French but I wrote it in English, before you ask) on the multiple contradictions of US trade/finance/security/economic policy. Here’s a link https://legrandcontinent.eu/fr/2026/04/22/les-etats-unis-sont-devenus-une-puissance-creanciere-inversee/.
And perhaps most importantly, I have been expanding my use of snarky memes in a world gone mad. So here are some recent samples
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