The Folly of Rent Control in New York City (Again)
New York City’s government has imposed draconian rent controls. The natural outcome, as economists note, has been massive shortages, as apartment owners no longer have an incentive to rent empty apartments.
Separating Information from Disinformation: Threats from the AI Revolution
While fears that AI will morph into something like the Terminator and try to destroy the world, the real threat from AI is that the authorities will use it to produce propaganda and public lies.
Free Trade
Mark discusses Ludwig von Mises's important contributions to free trade theory.
The Economics of the AI Revolution
Artificial intelligence has much to contribute as a consumption good and a producer’s good. However, there also are limitations in what AI can do, given it susceptible to the GIGO rule: Garbage in, garbage out.
Free Markets and the Antidiscrimination Principle
The right to be able to enter into contracts with others is fundamental to free markets and a free society. That means people should be able to engage in discrimination.
Grover Cleveland: The Last Good Democrat
Grover Cleveland, who was pro-gold, anti-tariff, and anti-imperialist, was the last American president in the Jefferson/Andrew Jackson/John Tyler tradition.