in turn enable further types of interactions beyond the realm of business. The genius of the market is that it enables a wide array of individuals, groupings, and associations to organize spontaneously to advance their various interests in a cooperative fashion that yields win-win arrangements.
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Don’t Panic: A Skeptic’s Guide to the AI Jobs Doomsday
As technology advances it has periodically bred the fear that progress will destroy jobs and livelihoods. History teaches that these fears are usually misplaced.
Blog
Free the Economy podcast: The Great Realignment with Stephen Davies
In this week’s episode we cover US companies getting hammered by tariffs, jobs that are surprisingly not getting replaced by AI,…
Blog
Adam Smith’s Wealth of Nations at 250
Last week I participated in a National Association of Scholars event on the 250th anniversary of Adam Smith’s The Wealth of Nations. The…
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Newsletter
Bernard Madoff, Paul Krugman and Unexpected Winter Weather
The Securities and Exchange Commission investigates its own actions leading up to the discovery of Bernard Madoff’s alleged $50 billion Ponzi scam. New York Times…
Newsletter
Bernard Madoff’s Personal Fortune, Clean Coal Technology and Wasteful Federal Spending
Alleged investment fraudster Bernard Madoff is ordered to disclose all of his financial assets to government investigators. Environmental groups launch a series of TV ads…
Op-Eds
Chevron’s Orwellian Crude Discovery
Chevron has unveiled a revolutionary new way of finding oil. It doesn’t involve satellite telemetry or seismic imaging or someother high-tech means of exploration. It…
Capital Reseach
The economic crisis is the fault of the American people
Newsletter
Greenhouse Gases, Broadband Speeds and the Future of Transit
California officials ignore the high costs of implementing the state’s greenhouse gas reduction plan. Comcast implements upgrades for broadband customers that will double download speeds…
Newsletter
Stimulus Redux, Benefits of Bottled Water and the Pro-Poverty Left
Senators consider a second round of taxpayer-financed economic stimulus. Bottled water producers attempt to work constructively with environmental groups that have called for additional taxes…
