I referred in my recent post on AI to the distinction between original and derived judgment. The entrepreneur-owner, who bears the residual decision authority over the use of the firm’s resources, can delegate proximate authority to an agent, human or otherwise. But the agent’s judgment—making decisions under conditions of uncertainty—is subordinate to that of the owner.
Jerí, a 39-year-old lawyer, was elected to Peru’s Congress in 2021 for Somos Peru, a small conservative party. The removal follows allegations of collusion with Chinese businessmen.
Contemporary culture grants increasing prestige to the figure of the expert who avoids explicit commitments and presents himself as moderate, technical, and “non-ideological.” This posture is celebrated as a sign of intellectual maturity. In an environment saturated with open conflict, the refusal to choose appears prudent. Moderation becomes a public virtue.
Gold and silver prices are reaching all-time highs. Gold and silver spot prices are roughly US $4,668.14 per ounce and $93.16 per ounce respectively. Do these higher prices mean these precious metals are reasserting their historical monetary role? Are we moving in the direction of a return to the gold standard? In this article I want to discuss whether we can go back to the gold standard, and if we do, then how? Higher gold prices reflect the weakening dollar.
As panic builds within the GOP over the approaching midterm elections, Republicans have renewed a push for one of their most popular policy proposals: voter ID.
In the latest version of the so-called SAVE America Act—formerly just the SAVE Act—Congressional Republicans added a requirement for every voter in federal elections to provide poll workers with a valid government-issued photo ID if they’re voting in person or a copy of a valid photo ID if they’re voting by mail.
This is a review of Ludwig von Mises’s book The Theory of Money and Credit. All investment strategies, principles, and recommendations discussed are those presented in the book and reflect the author’s views, not my personal advice.
