Technology
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FISA Destroys the Rule of Law
“Evidence…cannot be challenged by opposing counsel and are highly classified. This has resulted in the drone-like ‘rubber stamping’ of warrantless surveillance conducted without oversight or challenge.” ~Spence Purnell
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The Magic Food Cupboard
“Every small aspect of the work that people do to deliver and stock those Whole Foods grocery shelves is noble, in its own way. Dismissing the parts as meaningless fails to understand the power of the larger system.” ~Michael Munger
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Apple’s Big Business: Mises is Right, Sen Warren is Wrong
“The government’s ever-growing interest in deterring business expansion, along with granting federal agencies greater say over marketplace matters, is a complete disservice to our nation’s progress.” ~Kimberlee Josephson
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Unlimited Growth, Forever
“Every popular scare of the past has been side-stepped, improved, or solved, by one or another human effort, usually serendipitously and rarely at all with well-meaning bureaucrats directing the process. ” ~Joakim Book
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A Marxist Economist Explains Why Socialism Could Never Create a PS5
“A clip going viral on social media reveals that this marvelous invention could only be produced in a capitalist system.” ~Jon Miltimore
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AI Opposition: Economic and Philosophical Sophistry
“Economic growth is by far and away the most far-reaching and compounding good mankind has ever experienced — the very phenomenon responsible for modern infrastructure, schools, and health care.” ~Jack Nicastro and Samuel Crombie
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Industrial Policy’s Short-Run Booms Risk Long-Term Failures
“Small firms like GF will enjoy morsels, but legacy firms like Intel — who are already more immune to market shocks and decline — make subsidies into a buffet.” ~Ryan M. Yonk and Jacob Bruggeman
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Wendy’s Won’t Use Dynamic Pricing – But Should They?
“The discount shelf in your lower supermarket is emblematic of the same process as well, albeit in the opposite direction. Variable pricing permits improved resource allocations, including of labor, by responding to real-time conditions.” ~Peter C. Earle
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Bitcoin Scoops Up Stranded and Excess Power
“Overbuilt facilities generate excess capacity, waste resources, and are only needed in extreme events. A consumer-of-last-resort could secure electricity grids and monetize their resilience.” ~Joakim Book
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US Can Thwart the CBDC Onslaught
“The argument that lagging digital dollar development is necessarily bad for Americans ignores a long history of US government promises about gathered data and its use.” ~Peter C. Earle
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ChatGPT is a Calculator; Deal with It
“For many routine tasks—and, honestly, most writing is routine, not creative—it is faster and actually better to have the AI create the text, at least for the first draft.” ~Michael Munger
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The Sputtering EV Market Shows What Happens When Companies Heed Planners Instead of Consumers
“The US EV market is a mess, one many analysts say will get worse before it gets better. And automakers like Ford who bet big on the future of EVs are likely looking at pain, at least in the short term.” ~Jon Miltimore
