The money supply has fallen repeatedly, year-over-year, but in recent months the total money supply has flattened out and deflation has disappeared.
In his State of the Union speech Thursday, President Biden will claim the economy is growing—and that his administration will “crack down”
The “AI” in our present real-world hype is nothing like the sci-fi “creatures” of film; AI machines are nowhere near conscious beings.
Artificial intelligence has much to contribute as a consumption good and a producer’s good. However, there also are limitations in what AI
The United States survived the first Great Depression, although it permanently changed the role of government. Will excessive government spending and money
New York City’s government has imposed draconian rent controls. The natural outcome, as economists note, has been massive shortages, as apartment owners
While fears that AI will morph into something like the Terminator and try to destroy the world, the real threat from AI
The right to be able to enter into contracts with others is fundamental to free markets and a free society. That means
Open-borders advocates often point to the alleged openness of borders between the individual states in the USA. However, a closer look shows
Today we are featuring the winning essays in the Student Essay Contest for undergraduates at the Austrian Economics Research Conference.