economics

Few news stories of 2023 were as misunderstood as the insanity at OpenAI.  First. There was always a contradiction inside...

I look for Nvidia to hit a peak soon. I look for Amazon’s value to keep rising.

This process of adaptation is happening even faster today than it did in the 2000s, or in the 1980s. We’re...

Even rich people panic in the face of big losses, and big losses are inevitable in an unstable world.

The only reason to keep the whole thing together was “synergy.” A bad year for one division might be offset...

The most interesting economic story right now, verging on the political, involves sports.Two business models are colliding.

E-books are better than paper books. They cost nothing to deliver. They’re cheaper than paper books. They don’t kill trees....

Over the last month I’ve been treated on TV to a parade of so-called financial experts, each one confidently predicting...

I am tired of the economics of fairy dust, and I’m tired of economists who see everything through a moral...

The job of leaders in a Moore’s Law society is to nurture as much talent as possible, and to give...