The Unsustainable AI-Driven Lending Boom
The endless bubble economy has a new lending craze: loans backed by AI chips. The problem
Remembering David Boaz
Peter Goettler Our inestimable colleague, David Boaz, passed away on June 7, after a year‐long battle with cancer.
Is the Dollar the Global Reserve Currency Because There Is No Better Alternative?
Economics researcher Joakim Book joins Bob to discuss his recent article on the dollar's international dominance.
We Can Praise Milei’s Policies without Praising the Man
Just because a politician says he believes X doesn't mean he actually believes it. Then, even
The Menace of Political Show Trials
In the aftermath of Donald Trump's conviction in Manhattan—a political show trial, to be sure—David Gordon
The Menace of Political Show Trials
In the aftermath of Donald Trump's conviction in Manhattan—a political show trial, to be sure—David Gordon
Can the Fed Fund the CFPB?
Because of interest rate increases, the true market value of the Fed’s assets is far less
Why Politicians Cannot Be Trusted with Just War Theory
Politicians will invoke the venerable just war theory when they believe they can manipulate the facts
Creative Destruction in American Higher Education: Schumpeter in Action
We are seeing Joseph Schumpeter's concept of creative destruction at work in higher education. The shake-up