Oliver Dowden, the deputy prime minister, has highlighted the potential of AI to enhance productivity and streamline mundane tasks. However, he also warns of the risks associated with AI, including the potential for hackers to exploit sensitive government information. We ...
As the Ultra Low Emission Zone (ULEZ) expansion in London looms closer, there has been a surge in demand for the mayor’s vehicle scrappage scheme. Londoners are eager to trade in their older cars and take advantage of the £2,000 ...
The usual answer is that secondhand smoke is bad. But if value is subjective, perhaps secondhand smoke also can be seen as a public good. Original Article: “Is Secondhand Smoke Bad, or Is It a Public Good? It’s Complicated” ...
In this episode, Mark updates his early March 2023 episode (Mises.org/Minor11) on the high price of toilet paper. He shows how economic changes, so far, in 2023 seem to have vindicated his forecast of lower toilet paper and paper towel prices. ...
In contrast to the imaginary way that mainstream economists present value, Austrian economists properly use ordinal rankings to determine value. Original Article: “How People Determine the Value of a Good” ...
Since its inception 18 years ago, The Apprentice has captivated the nation, with millions of viewers eagerly tuning in to see which contestants Lord Sugar will fire and ultimately hire. The reality TV show follows aspiring entrepreneurs as they compete ...
The recent rainfall in July may have been unwelcome to some, but it has come at the perfect time for wine producers in England. Thanks to the ideal weather conditions this year, growers are now predicting bumper harvests, which will ...
In line with what was anticipated in the previous weekly technical note, the Indian equity markets witnessed profit-taking bouts from higher levels along with spikes in the volatility that is hovering around one of its lowest levels of recent months. ...
Can computers plan a socialist economy? The idea is not new; it first appeared in the debate over economic calculation, which began in 1920 with Ludwig von Mises’s first article on the topic and continued until 1949. This was a ...
How do you cover up an atomic bomb? The same way you cover up anything else: you don’t allow people to know what really happened. Of course, the magnitude and power of a mushroom cloud are plainly unmistakable. However, the ...