Devon’s perspectives on economics and development are based on his undergraduate and graduate level education in business.

Economics & Development
Equity Risk Premiums by Country July 2026
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Equity Risk Premiums by Country July 2026

Professor Aswath Damodaran (NYU Stern) is one of the world's foremost teachers, researchers and practitioners of corporate valuation. His go-to-textbook on Investment Valuation offers a hands-on framework for valuing a company by calculating the present value of forecasted future cash flow...click on this text to read more.

Professor Aswath Damodaran (NYU Stern) is one of the world's foremost teachers, researchers and practitioners of corporate valuation. His go-to-textbook on Investment Valuation offers a hands-on framework for valuing a company by calculating the present value of forecasted future cash flows, adding present day asset values (e.g. cash, non-operating assets), and subtracting present day debt to arrive at a rational equity price which can be compared to the current stock price. Doing valuation well is the underpinning to rational markets.

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U.S. Debt
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U.S. Debt

Someone asked me the other day if I was a Democrat or a Republican. I definitely lean Democrat on social issues, but I can't be a Democrat or Republican when I consider what both parties have presided over for the last 40+ years. It's the largest debt accrual in the history of nation-sta...click on this text to read more.

Someone asked me the other day if I was a Democrat or a Republican. I definitely lean Democrat on social issues, but I can't be a Democrat or Republican when I consider what both parties have presided over for the last 40+ years. It's the largest debt accrual in the history of nation-states. When you take into account Debt-to-GDP the picture softens, but it's still dangerously irresponsible.

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International Investment in the U.S.
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International Investment in the U.S.

hmmm, it may actually be the American Brand in a lot of ways. Don't mess with it or with globalization.

"The world is incredibly long on the U.S. (to the tune of $27.6 trillion)," says Brad Setser, senior fellow at the Council on Foreign Relations. "It's not so much that people n...click on this text to read more.

hmmm, it may actually be the American Brand in a lot of ways. Don't mess with it or with globalization.

"The world is incredibly long on the U.S. (to the tune of $27.6 trillion)," says Brad Setser, senior fellow at the Council on Foreign Relations. "It's not so much that people need to be convinced to hold onto their U.S. assets, but to buy more." Given the geopolitical whirlwind emanating from Washington, convincing the world to stick with the U.S. right now may be a tough sell.

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Kenyan Farmers Use AI
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Kenyan Farmers Use AI

Another really interesting use of technology. This one to address food insecurity.

Another really interesting use of technology. This one to address food insecurity.

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Future of the Global Economic Order
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Future of the Global Economic Order

This is a good discussion about the future of the global economic order.

This is a good discussion about the future of the global economic order.

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DR Congo conflict fuels forest loss on Reuters
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DR Congo conflict fuels forest loss on Reuters

Reuters is a highly valuable source of international news that covers stories that I never would have been aware of without it.

Reuters is a highly valuable source of international news that covers stories that I never would have been aware of without it.

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Solar Revolution in Africa - The Economist
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Solar Revolution in Africa - The Economist

This is what private investment is supposed to be all about. Companies using their capital to fund innovation and using their scale to lower costs.

This is what private investment is supposed to be all about. Companies using their capital to fund innovation and using their scale to lower costs.

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Quality Education is a Human Right
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Quality Education is a Human Right

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Undocumented Immigration and Economic Underdevelopment

Undocumented immigration is not just a domestic issue, it is a global problem with such terrible exploitations. We need to find better ways to create sustainable development in economically underdeveloped countries.

Undocumented immigration is not just a domestic issue, it is a global problem with such terrible exploitations. We need to find better ways to create sustainable development in economically underdeveloped countries.

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