Source: Paul Krugman
by Paul Krugman

“Until now, discussions of the potential economic problems created by the AI boom have mostly focused on the future. Will it destroy millions of jobs? Is there a bubble and will it cause a severe recession if it bursts? Will it destroy humanity? While these are doubtless very important questions, attempts to answer them are at best educated guesses. We don’t have to guess, however, about one major effect of the AI boom, because it’s happening right now: Massive spending on data centers is crowding out investment in everything else in the economy.” (10/06/26)

https://paulkrugman.substack.com/p/ai-versus-everything-else

Source: Cobden Centre
by Thorsten Polleit

“The world’s highest per-capita incomes are found in small political units—such as Monaco, Liechtenstein, Luxembourg, Switzerland, Singapore, and the Cayman Islands. Economically, the finding is easy to explain: small political units are not autarkic; they compete internationally for talent and capital. That is why they must treat their residents and firms well and offer attractive living conditions and a business-friendly framework. Above all, small political units must keep the tax burden low, remain peaceful toward their neighbors, and refrain from military adventures. Yet even small political units are not immune to the abuse of state power.” (10/06/26)

https://www.cobdencentre.org/2026/10/radical-decentralization-liechtensteins-quiet-revolution/

Source: Independent Institute
by Alexander William Salter

“High bond yields informally signal that the government absorbs too much of the nation’s scarce capital.” (10/05/26)

https://www.independent.org/article/2026/10/05/bond-market-revelations-congress-debt-middle-class/

Source: Karl Dickey’s Freedom Vanguard

“Recently, a speech by former President Barack Obama about his fantasy of having women in charge went viral. ‘If you put women in charge of every government for like two years and then just kind of saw, alright, how are things going? I have a strong belief that things would — they wouldn’t be perfect — but they’d be better,’ he said in a discussion with historian Doris Kearns Goodwin at Salem State University. This is not the first time he has expressed his fantasy that if women ran every country, living standards would improve and we’d have fewer wars. … I did my best, and could find no scientific evidence that if women ran the governments of the world, we’d have more peace and/or a higher standard of living. The reality of it is, though, that to achieve these things, we need less reliance on gender and race, and more a focus on ideology.” (10/06/26)

https://palmbeachexaminer.substack.com/p/the-flaw-in-the-barack-obama-fantasy

Source: Show-Me Institute
by David Stokes

“University City is facing significant budget problems this year, driven in large part by costs associated with things the city does itself that private companies could better handle. As a resident of University City who works for a free-market policy organization that often supports government privatization, you can imagine my reaction to being given the opportunity to put my knowledge to work for my hometown. ‘Like a kid in a Delmar-Loop candy store’ would be the quickest analogy.” (10/05/26)

https://showmeinstitute.org/article/economy/the-solution-to-university-citys-budget-problems-is-privatization-2/