The notion that artificial intelligence at full bloom might eliminate the need for money reflects a deep confusion about what money is and does. Money is not merely a barter-avoiding…
Category:
Economy
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US public debt has reached 100 percent of GDP (gross domestic product) for the first time since the aftermath of World War II. Just because we have been here before,…
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Thus (reportedly) spake Steve Jobs in the late 1990s. It was a take on the role of corporations that would become decidedly out of consensus within a few short years,…
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The so-called “AI race” is propelling stock markets to new highs even as geopolitical turbulence rattles investors. Artificial intelligence may prove to be the rare technological revolution capable of generating…
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A recent cyberattack on the University of Mississippi Medical Center shut down clinic operations for nine days, disrupting appointments and access to care across Mississippi. According to the center’s own…
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No one will be surprised to hear that inflation has picked up. But new data from the Bureau of Economic Analysis confirms it. The Personal Consumption Expenditures Price Index (PCEPI),…
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I got my start a couple of decades ago working as a bagger at our local grocery store — the same one from which my Mom just retired after a…
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The zeal of the convert can be a terrifying force to behold. An acolyte convinced of their own prior heresy will often be a more thorough inquisitor than the native-born…
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The Federal Reserve held its target range for the federal funds rate at 3.5 to 3.75 percent on Wednesday, a decision markets had fully priced in. Governor Stephen Miran dissented…
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Chicago Public Schools has struck a deal with the city’s teachers’ union that turns students into political props. On May 1, a regular school day, children will participate in rallies…