The Bank of England Made Liz Truss a Scapegoat
Are Robots and AI Really Going to Displace All Workers? Probably Not
Among the components of the World Economic Forum’s Great Reset are a drastically reduced population and the replacement of human labor with robots and artificial intelligence (AI). The question immediately comes to mind: can robots and AI really make all the stuff for the elites after they have gotten rid of the people?
Because a plan has been formulated and described does not mean that it is possible to realize. The plan may contradict laws of logic or reality, or assume the existence of resources that do not exist.
Multinational Agrichemical Corporations and the Great Food Transformation
In July 2022, the Canadian government announced its intention to reduce “emissions from the application of fertilizers by 30 percent from 2020 levels by 2030.” In the previous month, the government of the Netherlands publicly stated that it would implement measures designed to lower “
Facts and Data Have No Meaning without a Theory to Explain Them
Many economists, including Milton Friedman, have believed that since it is impossible to establish “how things really work,” the underlying assumptions of a model are unimportant. Anything goes provided the model can yield good predictions. Friedman wrote:
In Government-Regulated Healthcare, There Is No Competition Like No Competition
Imagine you are a young, idealistic doctor. After some years in clinical practice at a private hospital you tire of the fact that more of your time is spent filling out forms and attending staff meeting than with your patients. You went to medical school all bright eyed with the dream of making a good living making a difference. You ran the gauntlet during your residency, sometimes working ninety-hour weeks, skipping meals and even showers so you would have more free time to study, because you believed in the end it would all be worth it.
The Legacy of Murray Rothbard
Why Revisionism Matters
Black Hole or Shock Absorber: How Does a Free-Market Economy Respond to Crises?
Mainstream economists view the economy as fickle, unstable, and always in danger of utter collapse. They see the outlook as very bleak if not for the enormous existing superstructure of government intervention, including constant stimulus of “aggregate demand.” In their minds, this essential stabilization would also include the existing intricate arrangement of regulation and restriction, the army of technocratic bureaucrats overlording every market, and the rollout of massive interventions and macro stabilization schemes, whenever necessary.
Gold Is the Solution for Financial Crises, Not their Cause
The Great Depression, Great Inflation I, the Financial Crisis, and the unfolding Great Inflation II have all been caused and perpetuated by hyperactive Progressive government. In the past crises, holding gold would have conserved savings and provided added returns.