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Europe, America, PPPs and a (possible) natural experiment in deflator harmonisation
A little empirical test, why both current and constant PPPs are conceptually inappropriate, why chained PPPs are the approrpiate methodological…
Jun 1
•
Dominik A. Leusder
3
2
Open Tabs (1) - Dollars; Stagflation; Alligator Graph; Brexit Counterfactuals; Tooze, Milanovic, Setser on China
A weekly roundup of notable events, conversations, research and articles.
May 29
•
Dominik A. Leusder
3
2
Postscript: some further US-Europe charts, reviewing a paper and notes on chained PPPs
Longer-running productivity charts to complement the counterargument to the Draghi narrative; a recent empirical paper that reproduces the error…
May 26
•
Dominik A. Leusder
5
2
Most Popular
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The US is poorer than Belgium and Europe is not falling behind
May 22
•
Dominik A. Leusder
27
10
China's Great Transformation Does Not Vindicate Neoliberal Trade
May 12
•
Dominik A. Leusder
18
5
How Savings Constrain Investment and Why It Matters for Trade (And Government Deficits)
Dec 9, 2025
•
Dominik A. Leusder
38
5
Postscript: some further US-Europe charts, reviewing a paper and notes on chained PPPs
May 26
•
Dominik A. Leusder
5
2
Open Tabs (1) - Dollars; Stagflation; Alligator Graph; Brexit Counterfactuals; Tooze, Milanovic, Setser on China
May 29
•
Dominik A. Leusder
3
2
States & Markets /1/ Global Transformations
May 12
•
Dominik A. Leusder
1
Recent posts
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The US is poorer than Belgium and Europe is not falling behind
Both Europe and America are in decline—but not relative to each other and from very different levels of development and material wellbeing.
May 22
•
Dominik A. Leusder
27
10
China's Great Transformation Does Not Vindicate Neoliberal Trade
The developmental miracle did not depend on openness to foreign capital flows. Also: introducing the 'States & Market' and conversation with Branko…
May 12
•
Dominik A. Leusder
18
5
States & Markets /1/ Global Transformations
Listen now | feat. Branko Milanovich on China, neoliberalism and national market liberalism
May 12
•
Dominik A. Leusder
1
49:09
How Savings Constrain Investment and Why It Matters for Trade (And Government Deficits)
An afterword to my interview with Michael Pettis.
Dec 9, 2025
•
Dominik A. Leusder
38
5
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