Fabulous - a rigorous, well-designed, available-in-print magazine taking decentralized economic growth seriously. Many are forgetting how the modern world became rich!
Spencer Schneier (@spenceraviav)
Last year, when the Trump Administration launched its tariff campaign, I was amazed at how hard it was to find good information about what was really happening.
I would read one thing in the Wall Street Journal, and then go to a tax conference in Canada and hear the exact opposite from OECD officials and practitioners.
So when @rossmatican suggested that we should publish a magazine for Commenda, it was a no brainer. Doubly-so when he introduced me to @freeshreeda, our Editor-in-Chief
In this issue, we cover a lot of topics, but one thing Shreeda did an excellent job of is covering some macro themes the world is facing today.
Competitive Governance – now more than ever, jurisdictions are competing for trade, capital, and talent. From SEZs, to European corporate law, to AI and maritime governance, this is a recurring theme throughout the magazine that is deeply relevant to everyone reading it. Gone are the days when wasteful governments have large captive tax bases, and where anti-business politicians can bully corporations without risking their tax base.
The Great Game of the 21st Century – the U.S. and China are locked in a Not Cold War, and the implications of that touch every corner of the globe today. The Chinese model is predicated on centralized direction of capital towards strategic aims – a Capitalist-Marxist fusion offering of sorts, and the American model is still deciding what it wants to be.
The West has lost its understanding of its own prosperity. Industrial policy is the antithesis of what made the West great. The chaotic, bottom-up nature of markets and capitalism is exactly why we are so much more prosperous than even the most successful non-market economies. Yet we seem to have lost that.
Will Europe join the game? Will India? These are players with the capacity to play, but that have not taken the policy decisions required to do so. I explore this in my article on EU Inc, and we will be developing it more in future issues.
I had a ton of fun working with Shreeda and the writers, @JeffJMason @CalebDPetitt @MichaelJHil and @rjkarmayogi and am excited to share more in the coming weeks of the process and ideas that went into this first magazine
Read more below!
— https://nitter.net/spenceraviav/status/2070164565586055292#m