In the United States, cloud seeding has long been a subject of controversy. The process involves releasing small quantities of compounds such as Silver Iodide (AgI) into the atmosphere, causing…
Category:
Economy
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America’s fiscal and monetary problems look like two separate crises. They aren’t. Runaway government spending and an unruly Federal Reserve are two sides of the same coin. When Congress spends…
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America has spent more than $20 trillion on fighting poverty since the introduction of President Johnson’s Great Society program in 1964. Sixty years later, how are we doing? That depends,…
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A good few years before the AI craze, my Oxford lecturer gave a presentation on the shifting nature of work. An economic historian by trade, Judy Stephenson traced the arc…
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Two years after the European Union (EU)’s Digital Markets Act (DMA) took effect, the results have been mixed to negative. Promises about certainty, lower enforcement costs, and a more innovative…
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The strains emerging in the roughly $3 trillion private credit market are no longer isolated anecdotes; they are coalescing into a coherent signal of tightening financial conditions at precisely the…
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The extended partial government shutdown has led to long lines of frustrated passengers at airports nationwide as unpaid Transportation Security Administration (TSA) agents walk out. Officials even warn that small…
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Artificial intelligence has become the latest excuse for reviving one of the oldest bad ideas in economic policy: a universal basic income. Recent pieces in Newsweek, the LSE Business Review,…
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Artificial intelligence has become the latest excuse for reviving one of the oldest bad ideas in economic policy: a universal basic income. Recent pieces in Newsweek, the LSE Business Review,…
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Paul Ehrlich, famed biologist, died last week at age 93. Ehrlich rose to fame in the 1960s as the author of a book that resonated powerfully with the public, The…