About the Future of AI, Dismiss the Pessimistic Creators of It
What machines and automated minds can do for us doesn’t replace us as much as it frees us to pursue all manner of new advances.
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Essays
Writing by John Tamny and Parkview contributors, from the latest commentary to the collected archive.
994 essays · Newest first
Clear filtersThe Unbearable Nothingness of Yield Curve Inversion
The simple truth is that if the Fed were as powerful as the various religions want it to be, the U.S. economy would always be in decline. Yield-curve obsession is powerful on the score of nothingness.
Michael Parkinson’s Father Promised To Beat Him If He Showed Up at the Mines
Parkinson was spared becoming a 3rd generation miner by progress, which is what global trade embodies.
Country of Contrasts: A Review of Michael Reid’s ‘Spain’
The late Jude Wanniski once observed about Spain that its headline rate of unemployment had little to do with actual unemployment. Wanniski’s point was that the 20% official rate was merely a sign of…
The Superfluous Conceit of Mandatory Bank ‘Stress Tests’
In the technology sector, poorly-run businesses don’t last long. They fail quickly only for their assets to be acquired by better stewards. The paradoxical truth is that the technology sector gains…
Keep California and New York Out of Washington: Expand the SALT Deduction
Every dollar the federal government taxes or borrows away is an extra dollar of control that Congress has over the economy. This is why Republicans should cheer any uncapping of the SALT deduction.…
The Obnoxious Conceit of the Consumer Price Index
Senator Schumer thinks orange juice costs too much, while Senator McConnell thinks chocolate milk has become too pricey. Jerome Powell fears the cost of eggs. All of the above is hypothetical, but…
Ben Bernanke Was the Crisis
In the early 1920s, radios were the pricey, must-have gadgets of the day. And as all transformative market goods are, they started out expensive only for RCA (the Apple of its time) to render common…
The Experts Were the Whole Problem
That’s the case because “the thing that matters most to any man” is “the saving of his own skin.” That this needs to even be said speaks to how wrongheaded the Post’s editorial board’s approach to…
Time to Read War and Peace by Leo Tolstoy
For mountain climbers, one imagines that Mt. Everest looms as the ultimate climb to validate one’s ability. For runners, it would be the Boston Marathon, for triathletes the Iron Man? For readers,…