In the grim pandemic years, people got used to staying inside. Outlays on services, including everything from restaurant meals and foreign travel to elective medical care, collapsed. Demand for goods jumped, with a rush for computers and exercise bikes. Such patterns proved remarkably resilient even as life got back to normal. In 2023 we called people spending in this manner “hermit consumers”.
Conor here: In the following piece, D. Graham Burnett traces a line between today’s AI and the early 20th century...
QUESTION: Do you still see the risk of a Middle East War by 2027? HF ANSWER: Unfortunately, yes. I will...
What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in...
Yves here. As we have often noted, Paul Roger’s articles are a mixed bag. He often raises good issues but...
Yves here. Since too many members of the US media exhibit the memory of goldfish, it’s important to keep tabs...
COMMENT: Marty, congrats. That is a thank you letter for writing that peace plan. But the rumors are that Trump...
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