Politics
From the Jacksonians to the Marxists, political theorists have understood that there is something unique about “small industry” between big business and propertyless workers.
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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...
From the Jacksonians to the Marxists, political theorists have understood that there is something unique about “small industry” between big business and propertyless workers.
We now live in a fundamentally altered landscape where old certainties no longer confer fitness.
The boom-and-bust cycle isn’t limited just to so-called advanced economies. It also has become a way of life in the economies of tropical countries...
A historic metals shakeout, a simple “stacking plan,” and a bigger question: how do you stay independent when the system punishes savers?