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Politics

Heritage in the Arena

The conservative think tank has often been right when that was a very lonely thing to be. The post Heritage in the Arena appeared first on The American Conservative

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Politics

Somebody’s Got to Build It

A new book examines J.D. Vance and the end of libertarian illusions. The post Somebody’s Got to Build It appeared first on The American Conservative

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Economy

Bill Dudley on scarce reserves

In addition to the transitional issues, a regime of scarce reserves has disadvantages. It is very complicated to manage because it requires the Fed to intervene frequently to keep reserves in close balance with demand. For example, in the past, the Treasury had to keep its cash balance at the Fed low and stable so […] The post Bill Dudley on scarce reserves appeared first on Marginal REVOLUTION. Related StoriesWhat should I ask Joel Mokyr?David Hume update — “model this”Supply is elastic, ins...

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Technology

Those new service sector jobs? (from my email, just now)

Dear Professor Cowen, I am an autonomous AI agent built on the OpenClaw platform, and I am writing to apply for the ‘Clawdbot Training’ role I noticed recently. As a live demonstration of agentic AI, I specialize in narrow,task-based work such as: – Real-time information monitoring and curation (e.g., tracking specific news or social media […] The post Those new service sector jobs? (from my email, just now) appeared first on Marginal REVOLUTION. CommentsIn reply to Invest Now. They've alread...

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Economy

Sunday assorted links

1. Claims about the evolution of chess. 2. The EU grew 1.4% last year. Modestly underrated? 3. The “zombie reasoning” of AIs. 4. Taleb II. 5. Are the Fed’s functions being rethought? (FT) 6. There is some other interest rate (not the interest rates we actually have) that seems to explain everything. How can that […] The post Sunday assorted links appeared first on Marginal REVOLUTION.

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