Global Economy

Artificial intelligence has much to contribute as a consumption good and a producer’s good. However, there also are limitations in what AI can do, given it susceptible to the GIGO rule: Garbage in, garbage out.

The “AI” in our present real-world hype is nothing like the sci-fi “creatures” of film; AI machines are nowhere near conscious beings.

Christian Sandström is a Swedish economist who joins Bob to make the case that massive government funding projects aren't necessary to promote science or industrial growth.

The “AI” in our present real-world hype is nothing like the sci-fi “creatures” of film; AI machines are nowhere near conscious beings.

Brent Johnson of Santiago Capital joins Bob for a friendly disagreement over the dynamics of a decline in foreign demand to hold USD.

How did he do it? Easy: he cut a host of central government agency budgets by 50% while slashing crony contracts and activist handouts.

In the wake of the financial meltdown fifteen years ago, some countries placed strict limits on piling on public debt. Despite cries that this harms investment opportunities, the ”debt brakes” have worked well.

As the delegates gather for COP28 to set an agenda to "fight climate change," we should remember what they are seeking to do: destroy the world's economy as we have known it.

As the delegates gather for COP28 to set an agenda to "fight climate change," we should remember what they are seeking to do: destroy the world's economy as we have known it.

China's so-called economic miracle is running into the ground as the reality of central planning becomes increasingly obvious and an economic reckoning looms.