Don’t Kill the AI Goose Before It Lays the Golden Eggs
The AI boom is consuming electricity, water, land, and capital at extraordinary rates.
Power & Market
Displaying 1 - 10 of 3287
The Uncertainty–Heterogeneity Nexus
Nicolai and I have been writing about entrepreneurial judgment for more than twenty years.
Central Banks Cannot Fix the Sovereign Debt Bubble
Global investors spend a great deal of time worrying about an alleged artificial intelligence bubble.
Wholesale Inflation Soared Again in September
On Wednesday, the Bureau of Labor Statistics released its September CPI inflation report.
Social Security Recipients Get Another Raise: Paid for by Working Families
The Social Security Administration announced today that Social Secur
Madness: 100 Per Cent Tax-Subsidies Fanning Malinvestment under Severe Asset Inflation
A new definition of madness: legislating potent new fiscal incentives for capital spending when the longest running and most severe asset inflation
Rothbard Explains What “Equality” Really Means
[Editor’s note: With the 250th anniversary of the Declaration of Independence comes many attempts to use the text of the Declaration to s
Entrepreneurial Error, Vegas Style
The highest and best use possible for southern Nevada land is for a hotel/casino. But these aren’t normal times.
The Big State Monetary and Fiscal System Is Over
For more than two decades, the dominant policy assumption in the developed world was that there were no meaningful limits to government spending, public debt, monetary intervention, or regulation. That illusion is over.
Force the CIA to Disclose Its Chile Records
For some odd reason, the CIA steadfastly refuses to disclose all of its records relating to the 1973 Chilean coup, which the CIA ardently supported
