“The real problem is that the Fed has pursued destructive policies for more than a century.”

Letter to the Editors, from Mises Institute Associated Scholar Murray Sabrin

The artificial intelligence (AI) hype seems to bring strong emotions. Some fear automation and think it is going to make everyone jobless and, by extension, poor. Others are enamored with AI and imagine all sorts of wonderful capabilities of these systems.

I’m not sure anything can prepare one for the Buc-ee’s experience. Mine came earlier this week as my in-laws and I drove into one in Colorado on our way to Wyoming and Grand Teton National Park.

We first pulled up by one of the countless gasoline pumps that assured us we would not be waiting in a long line to fill up our van. Then we went into the store itself, which one might describe as something akin to a traveler’s Costco.

The aircraft losses and damages include four F-15E Strike Eagle fighter jets, one F-35A Lightning II fighter aircraft, one A-10 Thunderbolt II ground-attack aircraft, seven KC-135 Stratotanker aerial refuelling aircraft...

People often wonder about the origins of the civil world. Few, if any, have ever reached conclusions. Civilization begins in the imagination of gifted men. To make progress individuals must imagine the relationship between the physical world, the timing of events, and the control/influence they have of the world around them. It is in these subjective perspectives where value is created out of seemingly valueless items. It is in the mind of the individual where a unique perspective/insight gives rise to goods once considered useless into goods of value.