Economic Growth
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AI Abundance Won’t End Inflation, Nor Make Money Meaningless
Elon Musk claims AI-driven growth could fund UBI transfers without inflation. But relative prices — not just totals — still drive economic allocation.
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Getting The Bureaucracy Out of Broadband
A transparent, competitive bidding process could rescue rural broadband from cronyism.
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Internal Combustion Engines: The Great Economic Equalizer
Internal combustion engines empowered millions to participate in the modern economy. Restrictions on their use hit the poor hardest.
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Ten Enduring Lessons from Adam Smith
From technocrats to central planners, the temptation to engineer society persists. Adam Smith saw the dangers clearly.
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Mega-Events, Minimal Returns: The High Cost of Hosting Global Spectacles
Olympics and World Cups are sold as drivers of jobs and tourism, but data show they often produce financial losses and crowd out better investments.
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You Can’t Plan the Next Play-Doh: Unexpected Discovery Drives Tomorrow’s Jobs
A failed wallpaper cleaner became a global toy — and a case study in job creation. Consumer tastes, not policy prescriptions, continually reinvent our economy.
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Why Market Success Breeds Market Skepticism
The very prosperity created by capitalism can obscure its benefits, fueling discontent even when we’re much better off.
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April Fools for America First? Higher Prices and New War
The President returned to office on promises to lower costs at home and restore our reputation abroad. Americans got the opposite.
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Will AI Remake the World of Work?
As AI drives the marginal cost of production toward zero with an endless supply of labor, we’re changing the ways we pay for work.
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Dancing on the Tomb of Ehrlich’s Ideas
Paul Ehrlich’s dire predictions never came to pass, but they did plenty of damage. Fortunately, even his intellectual allies have abandoned his core premise of humans as planetary parasites.
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AI Abundance Won’t End Inflation, Nor Make Money Meaningless
Elon Musk claims AI-driven growth could fund UBI transfers without inflation. But relative prices — not just totals — still drive economic allocation.
-
•
Getting The Bureaucracy Out of Broadband
A transparent, competitive bidding process could rescue rural broadband from cronyism.
-
•
Internal Combustion Engines: The Great Economic Equalizer
Internal combustion engines empowered millions to participate in the modern economy. Restrictions on their use hit the poor hardest.
-
•
Ten Enduring Lessons from Adam Smith
From technocrats to central planners, the temptation to engineer society persists. Adam Smith saw the dangers clearly.
-
•
Mega-Events, Minimal Returns: The High Cost of Hosting Global Spectacles
Olympics and World Cups are sold as drivers of jobs and tourism, but data show they often produce financial losses and crowd out better investments.
-
•
You Can’t Plan the Next Play-Doh: Unexpected Discovery Drives Tomorrow’s Jobs
A failed wallpaper cleaner became a global toy — and a case study in job creation. Consumer tastes, not policy prescriptions, continually reinvent our economy.
-
•
Why Market Success Breeds Market Skepticism
The very prosperity created by capitalism can obscure its benefits, fueling discontent even when we’re much better off.
-
•
April Fools for America First? Higher Prices and New War
The President returned to office on promises to lower costs at home and restore our reputation abroad. Americans got the opposite.
-
•
Will AI Remake the World of Work?
As AI drives the marginal cost of production toward zero with an endless supply of labor, we’re changing the ways we pay for work.
-
•
Dancing on the Tomb of Ehrlich’s Ideas
Paul Ehrlich’s dire predictions never came to pass, but they did plenty of damage. Fortunately, even his intellectual allies have abandoned his core premise of humans as planetary parasites.