Today’s AIs Show the Marginal Revolution’s Unfinished Business
For a brief moment starting in the 1870s, economics was close to becoming a genuine science of human action.
How Money Acquires Its Value
A commonly-held view is that money has value because the government in power says so. For other commentators, the value of money is established because money is accepted. But why is it accepted? Well, because it is accepted!
Nations by Consent
Why young and old men are leaving the labor force at record rates
On top of mounting numbers of retirees, record numbers of young men are claiming to be disabled or sick.
