
"Chefs, servers, and hosts often have a wide set of skills that cannot be easily replicated by AI technologies, which suggests fears of AI’s unemployment effects are overblown." ~ Byron Carson & Katie Pitcher
In the United Kingdom, four students have recently been suspended from their school after slightly damaging a Quran, despite there being “no malicious intent by those involved” according to the BBC report. A boy had taken the…
This week for Ask an Economist, I have a question from AJ who asks (edited for clarity), “This isn't entirely about economics but rather the morality of capitalism. How do you reconcile the fact that the free market…
"A CBDC is not money because it is not a physical-bearer instrument, but rather by its very nature is trackable and cancellable, like a check or credit card payment." ~ Robert E. Wright
"Because 'to produce' means 'to increase humans’ opportunities to consume,' Adam Smith is correct: consumption is indeed the sole end and purpose of all production." ~ Donald J. Boudreaux
"School choice will continue to be a battle across the nation, because some special interests have been given control over millions of children and billions of dollars, and they won’t give that power up without a…
"The dollar, in some shape or form, will likely be around for a long time. Perhaps very long. But by weaponizing dollar dominance and permitting expanding mandates to disorient US monetary policy, the dollar’s fate as…
December 7, 1941 will forever be remembered as, in the words of Franklin Delano Roosevelt, “a date that will live in infamy.” Another infamous date is April 5, 1933—the day that FDR ordered the seizure of the private gold…
A policy question these days that has befuddled federal lawmakers is why so many millions of people have not returned to the workplace in the post-COVID-19 era. The labor force participation rate among employable adults is…
A policy question these days that has befuddled federal lawmakers is why so many millions of people have not returned to the workplace in the post-COVID-19 era. The labor force participation rate among employable adults is…
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