Bubble alert: more than half of the 4,454 CEO respondents said “their companies aren’t yet seeing a financial return from investments in AI.”

The tourism sector is one of Cuba’s principal sources of foreign exchange earnings, which has long been a target of US sanctions policy. That said, recent measures enacted by the Trump administration to restrict tourism-related revenue have been designed to deprive the Cuban economy of the hard currency needed to finance imports of food, medicines, fuel, and other essential goods. The end goal is to intensify economic pressure on the government, while also having broader effects on the daily lives of ordinary Cubans.

“This is the epitome of what is called ‘Stockholm Syndrome,’ where the ‘citizen’ (victim) forms a psychological attachment (bond) with his captor, controller, and master; in this case, the government.”

“While the long-held motto of private enterprise is that ‘the customer is always right,’ the implicit maxim of government operation is that the customer is always to be blamed.” — Murray Rothbard

Property rights are defined in many ways. It often happens that academics who are interested in the scope, regulation, or protection of private property rights debate endlessly at cross purposes because they do not share the same definition of property rights in the first place.

Some debaters attempt to beat their opponents by initiating a definitional game of “gotcha.” So, you agree—or do not agree—with copyrights. But what is your definition of property rights? Gotcha!

This article is also available as an Audio Mises Daily

Many Americans, perhaps a substantial majority, still believe that, irrespective of any problems they may have caused, labor unions are fundamentally an institution that exists in the vital self-interest of wage earners. Indeed, many believe that it is labor unions that stand between the average wage earner and a life of subsistence wages, exhausting hours of work, and horrific working conditions.

According to certain experts, there is an urgent need to remove cash from the economy. It is argued that cash provides support to the shadow economy and permits tax evasion.

“Caesar had his Brutus, Charles the First his Cromwell and George the Third may profit by their example. If this be treason, make the most of it.” — Patrick Henry

The man of “Give me liberty or give me death!” fame was once lost among the obscure. Like Thomas Paine and Samuel Adams, Patrick Henry had failed at just about everything early in life, including farming and running a store.