Noah Smith
Noah Smith
Bloomberg Opinion writer. Writes about economics, tweets about rabbits. Newsletter: http://noahpinion.substack.com Opinions my own, not Bloomberg's.Source
San Francisco, CA
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Capitalism Can Thrive Without Cooking the Planet

Capitalism Can Thrive Without Cooking the Planet

In environmentalist circles, there’s a common trope that for humanity to prevent catastrophic climate change, economic growth must stop. This idea has helped to turn what should be a hard-headed, rational debate into a partisan political one -- many on the right suspect that climate-change activism is a thin veneer for a socialist plot to throttle the economies of the rich world, while some on the left embrace the notion of an inherent contradiction between capitalism and sustainability. But this partisanship is unnecessary, because the trope is wrong. Economic growth is perfectly...

June 22, 2017
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Why is China smashing its tech industry?

Why is China smashing its tech industry?

Those who pay attention to business news have probably noted an interesting and curious phenomenon over the past few months: China is smashing its internet companies. It started — or at least, most people in the U.S. started noticing it — when the government effectively canceled the IPO of Ant Financial, then dismantled the company. Jack Ma, the founder of Ant and of e-commerce giant Alibaba, was summoned to a meeting with the government and then disappeared for weeks. The government then levied a multi-billion dollar antitrust fine against Alibaba (which is sometimes compared to Amazon),...

Jul 25
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U.S. State Department announces new video game diplomacy program

U.S. State Department announces new video game diplomacy program

American culture has been projected overseas in various ways: Elvis, blue jeans, Coca-Cola, MTV, Hollywood films. Now, in a program announced Wednesday by the U.S. Department of State, this pantheon will include video games.In the latest round of Stevens Initiative grants, the U.S. Department of State and the nonprofit Games for Change announced a new project that seeks to engage 2,700 students in the U.S., Israel, United Arab Emirates and Bahrain in a virtual student exchange program centered on the development and creation of social impact video games.“Games have a power beyond...

Apr 7
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The Left-NIMBY canon

The Left-NIMBY canon

SubscribeWe’re all familiar by now with Right-NIMBYs — conservatives who block transit and housing development in order to keep poor people and minorities out of their quiet white-flight suburban neighborhoods. These are still the most common kind, given that Republicans while Democrats tend to value denser, more walkable places. But liberals can be NIMBYs as well, as any resident of a deep-blue state or city well knows. But as well (and remember, leftists and liberals are generally different people). In various cities, concerns over gentrification, environmental preservation, and profits...

Jan 19
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Nobody says hi in San Francisco

Nobody says hi in San Francisco

SubscribeI did something strange and almost taboo the other day — I waved and said hi to some I passed on the street in San Francisco. He was a middle-aged, prosperous-looking white dude, just the kind of guy you could imagine tipping his hat and giving a “Howdy do” on the streets of some 1950s town in some old black-and-white movie. But this was San Francisco, so he just sort of gave me a creeped-out look and walked on. Over the next few days I tried the same trick with a bunch of different people of varying ages, genders, and races, and got pretty much the same reaction all but once (when...

Dec 24
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The Texas tech cluster

The Texas tech cluster

SubscribeAs y’all might know, I am from Texas. And it has long been a dream of mine to see Texas become one of America’s premier technology hubs. So I’m pretty happy to report that this might actually happen now.Oracle has from Redwood City to Austin. Elon Musk is after investing heavily in the state via both Starship and Tesla. HP is after investing heavily there for a while. A few and a number of smaller companies are making the move as well. Anecdotally, several of my friends in the VC/tech world are relocating from SF to Austin.Texas has been trying to become the country’s technology...

Dec 12
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