As Joseph Schumpeter noted, markets need “creative destruction” to survive and advance. However, Europe‘s Digital Market Act (DMA)—while written to ostensibly protect competition—gives the digital economy uncreative destruction.
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Modern academic economics is based upon the methodologies used to study the natural sciences. However, such methodologies are inappropriate to study economics, which must be based upon causal-realism.
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In replying to a previous article by Frank Shostak, Douglas French writes that if an increase in the supply of gold ultimately leads to an expansion of bank credit, that…
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Intel finally notches a GPU win, confirms Arc B580 is selling out after stellar reviews
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Photo: Amelia Holowaty Krales / The Verge A collection of fun, affordable, and unique gifts fit for everyone on your list. Read the full story at The Verge.