Over the past few decades, an astonishing pattern has taken place: Americans no longer migrate. From a peak of roughly... more

Estonia is a nation of 1.3 million people, situated in a dangerous neighborhood on the Baltic Sea. It gained its... more

Abundance has become the word of the year in politics, led by Ezra Klein and Derek Thompson’s book and a... more

It’s not every day that we get to fete the launch of a new book by one of our colleagues... more

Food is one of the great bedrocks of human existence. Given its primacy to survival, it has also increasingly become... more

Since the launch of Project Stargate by OpenAI and the debut of DeepSeek’s V3 model, there has been a raging... more

The U.S. Congress and the executive branch have an extraordinary level of influence over all aspects of business. Yet, as... more

Last week, we recirculated one of my favorite episodes in the entire archive, our May 2022 lunch debate on risk,... more

Reindustrialization has been a persistent theme in Silicon Valley circles the past few years, and now it’s having its moment... more

This is a big week for us, since we officially re-launched the newsletter on our gorgeous new web address Riskgaming.com,... more

Europe faces an existential crisis. Long an innovation, technology and manufacturing hub, its greatest companies and wider industries have been... more

Something is rotten in the state of the internet. Social networks that were once meant to be entertaining diversions have... more

The markets have massively gyrated the past few weeks as hourly pronouncements from the White House and Mar-a-Lago seize investors... more

With the launch of President Trump’s trade war this week, few countries are more at risk than China. Faced with... more

Chaos is the rule of the day, with markets, companies, governments and individuals being rapidly buffeted by events and change.... more

Despite centuries of experience designing and playing war games, there is still very little rigorous research on how to evaluate... more

Humans hate uncertainty, which means we are constantly looking for means to narrowly consider the future and its implications. Planning,... more

AI and democracy are in great tension with each other. AI models are built by a priesthood of research specialists,... more

Amidst the upheaval in Washington, D.C. these days, one of the most notable and controversial decision from the second Trump... more

There are two sides of America. One is the country’s world-leading innovation centers, which offer the highest salaries and potential... more

Cruel, petty and occasionally magnanimous, fates rule our lives, determining everything from our careers and romances to our financial success.... more

When Russia launched its war on Ukraine in early 2022, it became the first land battle on European soil since... more

There’s a growing movement to apply the best practices of technology to the U.S. government. Whether it’s Elon Musk and... more

It’s been a bad few months (and years and decades) for the global commons. Chinese trawlers have repeatedly knocked out... more

The Washington Consensus of the past few decades that called for open markets, free trade and reduced regulation will officially... more

When we think of booms and busts, we often think of waste. The dot-com bubble, the 2008 financial crisis, and... more

It’s been a year for the record books, and so it is with the Riskgaming podcast. We published 68 episodes... more

We are really excited to announce the publication of our third and latest Riskgaming scenario, "Powering Up: China’s Global Quest... more

Recently in the Riskgaming newsletter (“The Productivity Precipice”), host Danny Crichton wrote about one of the biggest challenges facing America:... more

Every quarter, Lux sends an update to our limited partners observing the macroeconomic environment, the changes in venture capital, and... more