Bureaucracy and Regulation

The best guarantee of jobs in the industry isn’t subsidies for the losers, but the prospect of profits for the winners.

The regulatory state is also the entity that stifles competition, reduces economic cooperation, and impedes the production of wealth.

The UK does not have an energy problem, it has a freedom problem.

The UK does not have an energy problem, it has a freedom problem.

A soft coup took place in D.C. last night, and Jerome Powell could stay in the bunker until 2028, if he so chooses.

The Trump administration’s downsizing USAID has brought the usual claims: that without US aid, millions of poor people around the world will die of starvation and disease. Not surprisingly, the claims are exaggerated.

The Trump administration’s downsizing USAID has brought the usual claims: that without US aid, millions of poor people around the world will die of starvation and disease. Not surprisingly, the claims are exaggerated.

There are fuel protests in Ireland, which are not surprising given the havoc Trump’s Iran war has caused in oil markets. They also should be protesting against the government policies that make the situation worse.

There are fuel protests in Ireland, which are not surprising given the havoc Trump’s Iran war has caused in oil markets. They also should be protesting against the government policies that make the situation worse.

Here’s an existential fear regarding AI: companies in the economy will invest in AI to such an extent that the result will be massive layoffs of highly-skilled, high-wage technical employees and a severe reduction in demand for routine, repetitive jobs.