Karthik Sankaran
@rajakorman.bsky.social
Bay Area US. Aging macro expat. Cheap lunch guy. 1st to ever rhyme Duce and Juche. Neoliberal peacenik. Has Herder immunity. Virulent vector of dad jokes. 1/3 each phlegm, spleen & dad humors.
Actually, great grills are associated with the deepening of state capacity.
November 14, 2025 at 10:03 PM
Actually, great grills are associated with the deepening of state capacity.
November 13, 2025 at 4:45 PM
Even if CNY & CHF both move instantly to PPP, CN machine is c. 60K and Swiss machine c. 110K, which is still a problem for the Swiss (and all European?) manufacturers even if many complaints (CN demand suppression, FX) are fixed?
on.ft.com/3LCfhHJ Can anything halt the decline of German industry?
on.ft.com/3LCfhHJ Can anything halt the decline of German industry?
November 12, 2025 at 11:53 PM
Even if CNY & CHF both move instantly to PPP, CN machine is c. 60K and Swiss machine c. 110K, which is still a problem for the Swiss (and all European?) manufacturers even if many complaints (CN demand suppression, FX) are fixed?
on.ft.com/3LCfhHJ Can anything halt the decline of German industry?
on.ft.com/3LCfhHJ Can anything halt the decline of German industry?
Argued couple years ago that way to trade the role of CN economy in the world has been to buy the DM beneficiaries of CN’s disinflationary impact or structural monopolies with a regulatory/tech moat against CN competition. So Q is if US AI has a Deep one?
open.substack.com/pub/sankaran...
open.substack.com/pub/sankaran...
November 12, 2025 at 2:02 PM
Argued couple years ago that way to trade the role of CN economy in the world has been to buy the DM beneficiaries of CN’s disinflationary impact or structural monopolies with a regulatory/tech moat against CN competition. So Q is if US AI has a Deep one?
open.substack.com/pub/sankaran...
open.substack.com/pub/sankaran...
Because we are all piling on the hapless guy (and because this is a twofer for me), do you remember when Noah thought Acemoglu invented state capacitu?
November 11, 2025 at 7:02 PM
Because we are all piling on the hapless guy (and because this is a twofer for me), do you remember when Noah thought Acemoglu invented state capacitu?
Sometimes the material conditions described by the dad joke come to fruition long after they were seen, as if in a vision.
November 11, 2025 at 2:33 PM
Sometimes the material conditions described by the dad joke come to fruition long after they were seen, as if in a vision.
Also, these are happening at last!
November 11, 2025 at 2:16 PM
Also, these are happening at last!
How about Option 3?
November 11, 2025 at 2:11 PM
How about Option 3?
What better way to observe Anti-Communism Week than having a Debate Over Marks?
November 10, 2025 at 9:22 PM
What better way to observe Anti-Communism Week than having a Debate Over Marks?
The American constitution is a frequent source of Separation Anxiety.
November 9, 2025 at 3:10 PM
The American constitution is a frequent source of Separation Anxiety.
And there’s probably a smaller subset of people who are
November 8, 2025 at 7:47 PM
And there’s probably a smaller subset of people who are
Why are you thinking about this today, Karthik?
November 8, 2025 at 7:03 PM
Why are you thinking about this today, Karthik?
Even under a fairly conventional philosophical framework of 19th C. liberalism, think you have to juggle four things?
November 8, 2025 at 6:33 PM
Even under a fairly conventional philosophical framework of 19th C. liberalism, think you have to juggle four things?
There may be issues with such a barbell strategy.
November 7, 2025 at 7:23 PM
There may be issues with such a barbell strategy.
A country that “exports” disinflation in tradeables creates conditions for easier monetary policy in RoW that can benefit EITHER production of interest-rate-sensitive nontradeables in RoW OR current owners of interest-rate-sensitive nontradeables in RoW. open.substack.com/pub/sankaran...
November 7, 2025 at 3:20 PM
A country that “exports” disinflation in tradeables creates conditions for easier monetary policy in RoW that can benefit EITHER production of interest-rate-sensitive nontradeables in RoW OR current owners of interest-rate-sensitive nontradeables in RoW. open.substack.com/pub/sankaran...
The odd thing about this is we seem to be living through a massive efflorescence of the right circle in the right diagram on the Anglo-American right. Though its likely the case IMO that all sides are guilty of the Venn to some degree.
November 7, 2025 at 2:54 PM
The odd thing about this is we seem to be living through a massive efflorescence of the right circle in the right diagram on the Anglo-American right. Though its likely the case IMO that all sides are guilty of the Venn to some degree.
Plurality Fears Singularity
(Yeah its old but thought worth making the joke again).
www.pewresearch.org/internet/202...
(Yeah its old but thought worth making the joke again).
www.pewresearch.org/internet/202...
November 7, 2025 at 2:32 PM
Plurality Fears Singularity
(Yeah its old but thought worth making the joke again).
www.pewresearch.org/internet/202...
(Yeah its old but thought worth making the joke again).
www.pewresearch.org/internet/202...
Its been a wild day.
November 7, 2025 at 12:22 AM
Its been a wild day.
Just stop with the alley-oops.
November 7, 2025 at 12:21 AM
Just stop with the alley-oops.
Optimus Subprime?
November 7, 2025 at 12:19 AM
Optimus Subprime?
Something needs to up its game.
November 7, 2025 at 12:16 AM
Something needs to up its game.