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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...
Paul Schroeder (1927–2020) was generally regarded as the greatest American diplomatic historian specializing in Europe: The Transformation of European Politics, 1763–1848.
The Walmart Recession Signal (WRS), which measures Walmart’s stock price against a basket of luxury stocks, shows high risk of a sharp economic downturn.
“…the power of the state expands and the liberty of the citizen contracts.”