ChatGPT is just the latest disappointment with the progress of AI technology.

A world-class AI training system for developing the human capital to innovate and build.

Sound Money and Banking, Free Markets.

Fueled by a decade of monetary stimulus.

The state of artificial intelligence, cognitive systems and consumer AI. Part I.

Update: Part II coming soon (2024), including a Primer on Artificial Cognitive Systems and hardware implementations.

Is the Federal Reserve essentially a giant hedge fund?

Are we doomed to the whims of central banks and oblivion spending governments? Another look at history may shed some insights.

The rapid rise in commodity prices worldwide is due to currency devaluations – an inflationary phenomenon – and “Malthusian-inspired demand” is obscuring this pernicious problem.

After several centuries of experimentation with boom-and-bust monetary and fiscal policies, we need to give the Austrian school a chance.

John B. Taylor’s recent book on the financial crisis of 2008 provides an objective look at how Federal Reserve monetary policies and Treasury mismanagement played a key role in the crisis, and could have been averted.

The comedic genius of Mel Brooks still provides some of us with a healthy departure.

Government has become equivalent to an economic bubble: ever inflating and at considerable variance with intrinsic value. What is the solution? Less government. How do we get there? The Constitution’s Framers point the way.

Rapidly rising federal and state health insurance mandates are driving up the cost of insurance premiums, and below-market Medicare reimbursements are shifting costs to consumers.

Some have equated the acute financial turbulences of September 2008 with acts of “economic or financial terrorism.” Are they justified?

Reconfiguring the World Wide Web into a giant relational database that can learn.

Health care and insurance costs have been growing at many times the rate of inflation for years. Slowing or reversing the growth in costs can happen, but not by nationalizing health care. Fixing the tractable systemic issues and moving to a free market structure will lead to a “healthier” solution for everyone.

The differences in the economic and fiscal policies of Japan and South Korea over the last three decades are instructive for the U.S., if we are willing to listen.

Camaraderie and effective leadership often found in winning sports teams can benefit the dynamics of many other groups in our society.

Treasury Secretary Hank Paulson has wreaked havoc on our capital markets. What might have happened if he’d never been nominated?