Vittorio Quaglione, a teaching assistant at Bocconi University, is Founder and Editor of MOPS, a newsletter on macro-finance, technology, and policy.
Capital inflows into data centers have generated significant pushback in the US, with projects worth at least $85 billion being cancelled. This underscores a shortcoming of decision-making, for while markets are efficient at pricing the costs of doing something they are very inefficient at pricing the costs of not doing it.
Vittorio Quaglione
July 28, 2026 at 6:18 AM IST
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