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The notion that AI can take over an economy is fantasy. A market economy is not made up of competing algorithms but rather sets...
The boom-bust cycle is not a mystery. Understanding why requires grappling honestly with what the last fifty years produced.
What looks like market strength may be a delayed reckoning. Mark Thornton explains the signals, the Fed’s playbook, and where the next bust is...
Those who invoke Jesus for socialism face a tension: if the power to end suffering creates a moral obligation, then the Jesus who healed...
“This new regulatory framework … has been officially communicated to regional parties. There will be no return to the pre-war status quo.”
The New York Times claims that the “administrative state”—that is, governance by unelected bureaucrats—protects our country and enhances democracy.
Mainstream economists, not to mention most financial journalists, claim that deflation is as bad or worse than inflation. The Austrians know better. We need...
The question is not whether a politician’s intention is good. The market does not care about intentions. It responds to incentives.
“The number of Fed policymakers willing to consider an interest rate hike rose … as higher gas prices stemming from the Iran war threatened...
This war is not just making energy more expensive, it’s knocking out the higher order goods the global structure of production depends on. This...
Over the centuries, many academic institutions and publications have played their role in the good work of defending freedom. The Mises Institute does this...
The old saw that when one has a hammer, everything else is a nail certainly applies to a new book by Oliver Bullough on...
Chilean President Kast said Chile had been “violated by illegal immigration, drug trafficking and organized crime.”