Pseudo entrepreneur Sam Altman now wants “a federal guarantee to make it easier to finance massive investments in AI chips for data centers.”
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Much of mainstream economics holds to the Efficient Market Hypothesis (EMH), which is built on highly unrealistic foundations. The Austrian causal-realist approach has more explanatory power.
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Dominik Lett This month, the Federal Emergency Management Agency (FEMA) Review Council will release a report aimed at improving federal disaster response. Over the last decade, FEMA’s annual spending has…
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Walter Olson The Trump administration is in court regularly with motions seeking injunctions as well as other discretionary court relief, such as stays of rulings against it. Two leading legal…
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Evan Sankey Meeting in South Korea last week, President Trump and China’s President Xi agreed on the outline of a one-year truce in their trade war. The US will cancel…
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Thomas A. Berry and Brent Skorup On November 5, the Supreme Court will hear oral arguments in what is likely to be the biggest case of the term: the Tariffs…
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Michael F. Cannon Cato adjunct scholar Charles Silver poses that question in the title of a guest post at John Mandrola’s and Adam Cifu’s Sensible Medicine Substack. Cifu, a professor…
The justices that Trump appointed to the Supreme Court have shown a recent intolerance for the kinds of semantic leaps his administration is relying on to justify its tariffs. Will…
Clark Packard On November 5, the Supreme Court will hear arguments on President Trump’s sweeping tariff policy imposed under the International Emergency Economic Powers Act (IEEPA). In the run-up, the…
The justices that Trump appointed to the Supreme Court have shown a recent intolerance for the kinds of semantic leaps his administration is relying on to justify its tariffs. Will…