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Human reason, wrote Ludwig von Mises, is the basis for civilization itself. Western civilization, he said, was built upon economic progress that sprang from reason. However, he also warned that if the West abandoned sound economics, it would trigger its demise.
Original article: https://mises.org/mises-wire/human-reason-foundation-civilization
We’re living through boom-times for Artificial Intelligence, with more and more of us using AI assistants like ChatGPT, DeepSeek, Grok and Copilot to do basic research and writing tasks.
But what is the environmental impact of these technologies?
Many listeners have got in touch with More or Less to ask us to investigate various claims about the energy and water use of AI.
One claim in particular has caught your attention - the idea that the equivalent of a small bottle of drinking water is consumed by computer processors every time you ask an AI a question, or get it to write a simple email.
So, where does that claim come from, and is it true?
Reporter: Paul Connolly Producer: Tom Colls Production co-ordinator: Brenda Brown Sound mix: Donald McDonald Editor: Richard Vadon
Modern psychology has been at odds with the praxeology of the Austrian School, as psychologists have tended to see humans as passive and reactive, while Austrians view human action as purposeful. Recent developments in the field might change that narrative.
Original article: https://mises.org/mises-wire/how-psychology-catching-reality-human-action
If education and career skills are what you want, a college or university may be a waste of your time and money.
Original article: https://mises.org/mises-wire/four-reasons-why-college-degrees-are-becoming-useless
If New Yorkers wanted to help students by paying for their tuition, they would have already done so on their own.
Original article: https://mises.org/mises-wire/busting-free-college-myth
In Syria the damage is done, and future generations will continue to suffer from the cruel folly of those convinced they know how to run everyone else’s lives.
Original article: https://mises.org/power-market/americas-syrian-civil-war
In this week's Friday Philosophy, Dr. David Gordon takes on Alex Honneth's The Working Sovereign. While Dr. Gordon acknowledges that the author gives an "Honneth" effort, his logic and grasp of the world of work fall way short of being convincing.
Original article: https://mises.org/friday-philosophy/honneth-effort
Even when MMT advocates are correct that colonial governments at times burned money after receiving it for tax revenues, they still manage to get both the history and the causes wrong.
Original article: https://mises.org/mises-wire/mmters-love-when-governments-burn-money