Author: EconLearner

Facade of the Marriner S Eccles Building of the United States Federal Reserve, the Federal Government agency responsible for setting United States monetary policy as well as setting interest rates, Washington, DC, July 24, 2017. (Photo via Smith Collection/Gado/Getty Images).Getty ImagesGovernments have no resources. They can only consume as long as they have taxable access to private sector production. If you said the above to the libertarian Cato Institute, the libertarian Mises Institute, the conservative American Enterprise and Hoover Institutions, and even the increasingly populist Heritage Foundation, the public and scholars at all five think tanks would nod in agreement.This…

Read More

Magnifying Glass Highlighting Food Nutrition FactsgettyI was driving this weekend and happened upon one of the popular urban radio stations in my area. What I heard next almost made my ears bleed. It wasn’t a terrible song. It was a public service announcement challenging the recent Artemis mission to the moon and recycling clichéd arguments that space exploration is wasteful. I echo and applaud the underlying argument that people are struggling with financial hardship, health care, and other “kitchen” table issues. However, a broad rejection of exploration, basic research and development is dangerous. Should we use research and development labels…

Read More

PARIS, FRANCE – JUNE 08: In this photo image, the logos of the Google app, Drive, YouTube, Gmail, Chrome, Google and Google Maps appear on the screen of an iPhone on June 8, 2023 in Paris, France. Google Chrome browser users are advised to update their browser software as soon as possible to ensure their security. The American giant has just released a security update to fix a computer flaw that represents a high risk for Internet users. This is the third time since the beginning of the year that Google has identified a “zero day” flaw, that is, a…

Read More

Sebastian Steinhaeuser, the COO of SAPUNDERMINESAP organizes two major conferences each year for customers, prospects and partners. This year’s Sapphire conferences were in Orlando and Madrid. As was the case at Sapphire Orlando, almost all of the messages in Madrid focused on their approach to artificial intelligence. While SAP is the world’s largest provider of business software, it positions itself not just as a provider of business software but as a provider of artificial intelligence governance solutions. I had the opportunity to interview Sebastian Steinhaeuser, SAP’s Chief Operating Officer, at the Madrid conference. Our discussion focused on AI. The transcript…

Read More

Kelly Loeffler, Administrator of US President Donald Trump’s Small Business Administration. The agency this week issued new guidelines for cracking down on SBA loans.(Photo by Kevin Dietsch/Getty Images)The Small Business Administration has finally made its crackdown on small business investors official, and it’s not as sweeping as some involved with SBA-guaranteed loans had feared.Forbes reported in March that the SBA had quietly begun rejecting loan guarantees for businesses if any of their owners or investors – even a passive investor – had previously backed a business that defaulted on an SBA-guaranteed loan. Then, and then, the SBA didn’t respond Forbes’…

Read More

NEWARK, NEW JERSEY – MAY 08: Alex Pereira appears on stage during the UFC Freedom 250 press conference at the Prudential Center on May 08, 2026 in Newark, New Jersey. (Photo by Chris Unger/Zuffa LLC)Zuffa LLCJune is going to be a big month for Alex “Poatan” Pereira. The former two-division UFC champion has a chance to do something no other fighter in history has done. Pereira will face Cyril Gane for the UFC’s interim heavyweight championship on June 14 at UFC Freedom 250 at the White House. Two days before that, Pereira graces the cover of EA’s UFC 6 Standard…

Read More

Shift will clean your house for free. The cost: data captured by a camera worn by the cleaner, which will be used to train humanoid robots.John KoetsierShift will clean your house for free. The cost: data captured by a camera worn by the cleaner, which will be used to train humanoid robots. “Tomorrow’s robots learn from today’s work,” says the startup, which employs robot trainers worldwide but is launching its home-cleaning service in New York.People are taking advantage of the opportunity.”A vetted shift operator comes to your home wearing one of our devices. They clean. They leave. You pay nothing,”…

Read More