The source and root of all monetary evil [is] the government monopoly on the issue and control of money. —Friedrich Hayek
Netanyahu concludes: We agree with that clear-sighted scholar who said, unreservedly, in plain language: ‘Anti-Semitism was born in Egypt.’ His book shows that motivating the Inquisition in Spain was...
In the United States, unmoored Markovian money can be manipulated at will by the Federal Reserve in the interests of its sponsors in government and their pseudo-private cronies.
Ignored...was the one unbridgeable gap between physics and any such science of human behavior: the surprises that arise from free will and human creativity...they constitute the most important economi...
Egalitarians never seem to understand that promoting economic equality in theory means promoting resentments and polarization in practice, making everyone worse off. —Thomas Sowell (2016)
Chaitin proved that physical laws alone, for example, could not explain chemistry or biology, because the laws of physics contain drastically less information than do chemical or biological phenomena.
But I still don't have knowledge, interpreting the surprises that others don't know about, that will drive a new narrative. You have to work and think and stress and fret to surmise the surprises by f...
Under Arab rule, Palestine had always been a somnolent desert land that could have sustained no authentic twentieth-century Arab awakening. Palestine without Jews is a not a nation but a naqba.
The Newtonian scheme became an illusion of determinism in a tempestuous world of human actions. Economists became preoccupied with mechanical models of markets and uninterested in the willful people w...
In his eighteenth-century system of the world, Newton brought together two themes. Embodied in his calculus and physics, one Newtonian revelation rendered the physical world predictable and measurable...
Alphabet, is worth nearly $800 billion, only about $100 billion less than Apple. How do you get rich by giving things away? Google does it through one of the most ingenious technical schemes in the hi...
Demarche
While market economies are often thought of as money economies, they are still more so knowledge economies…. Economic transactions are purchases and sales of knowledge. After all, the cavemen had th...
They imagine that the plight of the Palestinians reflects not their own Marxist angst, anti-Semitic obsessions, and recidivist violence but the actions of Israel. In their view, Israel’s wealth stems...
The blind spot of AI is that consciousness does not emerge from thought; it is the source of
Some economists became obsessed with market efficiency and others with market failure. Generally held to be members of opposite schools-freshwater and saltwater, Chicago and Cambridge, liberal and con...
President Obama’s friend and counselor Ta-Nehisi Coates, from his perch atop the bestseller lists and at the pinnacle of power in America, denounces the American Dream, in terms that echo Obama’s prev...
Originating in large scale electronic warfare and anti-jamming technologies for the battlefield devised by two Russian immigrants, these now one-chip systems can fit in a handset and enable intercommu...
It removes information from the market when I need more and more...Indexing is a waste heap--information so merged and muffled that it hides knowledge rather than reveals it. All beta, no alpha.
But the most impressive Markov warriors and Siren Servers are not at Google or Amazon or Facebook. They reside at a little-known but astonishingly successful company transforming the world of finance....