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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...
While Brazil calls itself a constitutional democracy that has a market economy, private property and markets themselves are subject to conditions set by the...
Understanding history is not about understanding formulas or narratives. Instead, we must understand the people who made history, their motives, and their goals.
Modern political economy is based upon a Machiavellian belief in might makes right. Yet, political power cannot accomplish what free markets and private property...
Economist Robert Barro has questioned the necessity of fighting a war in this country to end slavery. In this week’s Friday Philosophy, Dr. David...