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For all the talk about artificial intelligence upending the world, its economic effects remain uncertain. There is massive investment in AI but little clarity about what it will produce. Examining AI ...
12.06.2024 Mit.edu and 4 sites
Land Value Taxes (LVT) are far from a new concept. This idea dates back to economic giants like Adam Smith and David Ricardo. Still, their popularity surged after Henry George's seminal work, Progress...
12.06.2024 Movesmartly.com
By Michael A. MacDowell Harry Truman once asked for a one-armed economist because he was tired of hearing his economic advisors say, “On the one hand you will have this outcome and on the other hand y...
12.03.2024 Pennlive.com
Harry Truman once asked for a one-armed economist because he was tired of hearing his economic advisors say, “On the one hand you will have this outcome and on the other hand you will have another. ' ...
12.08.2024 Naplesnews.com
I n less than one hundred pages, James Buchanan excoriates economists—classical and modern—for their unrecognized confusions about cost. More than an insular academic debate, Cost and Choice: An Inquiry in Economic Theory develops a biting set of logical tools people—economists, philosophers, students, and laymen—can use to better understand human behavior in private and public settings. Buchanan’s writing can be dense, but studying the book is well worth your time. The upshot of sorting these c...
12.02.2024 Econlib.org
Philosophy and Insight Jewish Invention Myths: The Term ‘Capitalism’ renegade December 5, 2024 2 min read By Karl Radl Jewish invention myths sometimes relate to terms and/or concepts; one such is the...
12.05.2024 Renegadetribune.com
