Weekend links: AI tools, Tesla worth $7 trillion (?), the power of negative narratives, how to explain Trump and China acquires a new enemy

Enjoy the Royal Coronation weekend! Pity about the rain. My own favourite piece below is about the consumer revolution during the Elizabethan era. A modern consumer led Britain started emerging.

Noteworthy 1: Capitalism makes you live longer

Danish social science researcher Emil Kirkegaard has been digging into a popular anti-communist meme amongst Eastern Europeans looking for evidence that capitalism works, as opposed to communism which shortens people’s lives. Note how in the Our World in Data chart below, life expectancy rates were rising up…