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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...
Marx built part of his system on the belief that capital would create the “great reserve army of the unemployed,” and modern Marxists have...