Category Archives: Economics

Decoding Journal of Political Economy (JPE)

Gemini says: Alliance Theory suggests that humans do not possess a stable moral compass but rather a strategic one. We use moral arguments to recruit allies and marginalize rivals. The Journal of Political Economy functions as a high status coordination … Continue reading

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Decoding American Economic Review (AER)

Gemini says: Alliance Theory suggests that human conflict and status are not just about individual merit or material resources. Instead, they center on the coordination of multi-person coalitions. In this framework, the American Economic Review serves as the primary coordination … Continue reading

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Decoding The Quarterly Journal of Economics (QJE)

Gemini says: The Quarterly Journal of Economics functions as a signaling mechanism for institutional loyalty. David Pinsof’s Alliance Theory suggests that human intellect evolved not to find objective truth, but to navigate social coalitions. Under this lens, the QJE serves … Continue reading

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The Prestige Economy vs The Pragmatic Economy

Gemini says: David Pinsof’s Alliance Theory suggests that systems maintain stability through “focal points” for coordination. The 20th-century focal point was the Credentialed Alliance—a network where status was gated by elite degrees, institutional pedigree, and moral conformity. Today, that system … Continue reading

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Charisma Requires Managing Social Paradox

David Pinsof writes Feb. 2, 2026: Being charismatic means being good at social paradoxes. Think about a charismatic person—Elizabeth Holmes, Robert Downey Jr., Bob Dylan, whoever does it for you. What powers do they have? What can they do that … Continue reading

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Decoding The Free Trade Debate

ChatGPT says: Alliance Theory treats the free trade debate as a fight over elite coalition power, not GDP spreadsheets. Why elites are not just opposed but contemptuous. Trump tariffs are not merely a policy disagreement. They are a direct attack … Continue reading

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The Anxious American Worker

Most American workers fear losing their job and not being able to find another one as good. Employers have the power right now and employees are clinging on to their jobs for dear life. In late 2025, 54% of U.S. … Continue reading

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The Problem of Social Cost

Unlike many economists who publish hundreds of papers, Ronald Coase’s immense reputation rests almost entirely on just two articles published decades apart: “The Nature of the Firm” (1937) “The Problem of Social Cost” (1960) Coase is considered the father of … Continue reading

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The Paradox Of Power

As responsibility rises, personal discretion shrinks. The person at the top cannot simply improvise. They are pulled by legal risk, optics, continuity, budgets, morale, politics, and the need to keep the whole machine from wobbling. Their freedom becomes the freedom … Continue reading

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WP: Economists were wrong about tariffs. They need to figure out why.

Author Matthew Lynn writes for the WP: Inflation would surge. Supply chains would crash. And the economy would be plunged into a deep recession while the stock market tanked. When President Donald Trump imposed huge tariffs on imports in April, … Continue reading

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