01 Jul A.I. Is the Best Film of the 21st Century
Spielberg’s prescient epic of faith remains miraculous. Read the Full Article here: >National Review...
Spielberg’s prescient epic of faith remains miraculous. Read the Full Article here: >National Review...
From a Wall Street Journal news article about how some new-car dealers are selling cars for prices significantly higher than the manufacturer's suggested retail price: Some dealers say they avoid asking for more than the sticker price because it can be a Read the Full Article...
Economists from both the political left and right are worried about inflation. The most recent data from the Bureau of Labor Statistics show that the consumer price index (CPI) rose by 5.0 percent over the past 12 months. This is the highest rate of inflation...
In a previous installment, I pointed out that in On Liberty, John Stuart Mill advocated for minority opinion to be specially “encouraged and countenanced,”1 and thus that Mill was not an absolute free market thinker where opinion is concerned. Mill suggested that minority opinion should not...
Whenever I write an essay critical of expert opinion on Covid, I immediately receive indignant replies. Some assume I must be a bleach-drinking supporter of President Trump. Others label me a dangerous libertarian since, in their view, I challenge the “best” source of expert opinion. Among...
There is the ideologically captured mind that squeezes all the complexities, diversities, uncertainties, and serendipities of life into one limited dimension of cause and explanation. One such mind is that of Wellesley College historian, Quinn Slobodian, who sees everywhere the manipulating agents of a nefarious...
One of the great insights of modern growth theory -- Paul Romer's Nobel Prize -- is that ideas are the foundation of economic growth. Ideas are also "nonrivial." If you use my car, I can't use it, but if you use our family recipe for...
One of the most controversial and heavily debated responses to the pandemic, and one that was and continues to be used by various governments, is Shelter in Place (SIP) orders, commonly referred to as lockdowns. This week saw Australia institute another SIP for the Greater...
It is widely held that the central bank is a key factor in the determination of interest rates. By popular thinking, the Fed influences the short-term interest rates by influencing monetary liquidity in the markets. Through the injection of liquidity, the Fed pushes short-term interest...
The recent sale of an invisible statue for £13,000 is symptomatic of the thoroughgoing financialization of our economy. Investors have become ever more obsessed with the symbols of economic reality and less concerned with underlying economic facts. Original Article: "Much Ado about Nothing in the Art...