ISSUE 01
The Veto Economy
The data center industry has a $64 billion problem it didn't see coming and still isn't pricing correctly.
JULY 2026
PUBLISHED ISSUES
01
02
ISSUE 02
The Permitting Arbitrage
Communities are blocking, suing, and legislating against the infrastructure the internet runs on. Capital hasn't priced it yet. The industry built the cloud. Now it can't get permits.
AUGUST 2026
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New research on permitting risk, regulatory divergence, and the political economy of digital infrastructure. No noise.