Economy

Inflation and the Demand for Money: The Confederacy in the Civil War

When the Civil War ignited in 1861, the Confederacy, like any entity facing a financial crisis, had three main avenues for funding its efforts: taxation, borrowing, and printing currency. Taxation

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Lasted Economy

Are Chatbots Willing to Lie for the President?

In a recent experiment, I decided to test the ethical standards of various AI chatbots when faced with a request

Databricks nears multibillion funding round at $55 billion valuation

Ali Ghodsi's Databricks Raises Billions in New Funding Round, Delays IPO Ali Ghodsi, co-founder and chief executive officer of Databricks

You cannot have everything – Econlib

Understanding Opportunity Cost in Economics Opportunity cost is a fundamental concept in economics that plays a crucial role in decision-making.

Would Cutting the Number of Medicare Employees Save Money?

Why Cutting Medicare Employees Could Increase Government Spending As discussions on reducing the size of government continue, one key area

Puzzling About Prices (and Popcorn)

Exploring Price Theory with Richard McKenzie As we delve deeper into the realm of price theory, one particular EconTalk episode

Why exchange-traded funds are a ‘growth engine’ of active management

Actively managed exchange-traded funds (ETFs) have been gaining popularity in the investment world, with investors shifting their money from active

Dungeons, Dragons, and Monopolies – Econlib

Dungeons & Dragons (D&D) is a beloved tabletop role-playing game that has been captivating players since the 1970s. In recent

Robotics Company Symbotic Stock Plummets Over 30% After Delayed Filing And Revenue Errors

Robotics Company Symbotic Stock Plummets Over 30% After Delayed Filing And Revenue Errors - What's Going On? On Wednesday, Symbotic