Rothbard Never Abandoned His Principles

AI Surveillance Should Scare Both Democrats And Republicans Authored by Brendan Steinhauser via RealClearPolitics, In a country desperate for unifying issues, there is growing consensus on one: surveillance of American citizens. From progressives who want to hold ICE accountable to conservatives who fear Big Government, an ever-expanding federal government has put many Americans on high alert, and artificial intelligence is only making matters worse. To quote New York Times columnist Tressie McMillan Cottom, “ICE is watching you.” It is true: U.S. Immigration and Customs Enforcement saw its 2025 budget triple to nearly $30...

Half Of US Data Centers Scheduled To Start In 2026, Will Be Canceled Or Delayed Just over two years ago, we first penned our views on "The Next AI Trade", which looked beyond the hyperscalers and the data centers supporting the AI revolution, and instead focused on the energy and logistical needs that would be so very critical in allowing the US to dominate China in the existential race to first reach Artificial General Intelligence (which many have dubbed the next nuclear arms race due to its profound civilizational implications)....

Americans' Savings-Rate Slumps In April As Fed's Favorite Inflation Signal Soars After accelerating significantly in March, The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose 0.2% MoM in April (less than expected +0.3% MoM), but pulled up the YoY measure to +3.3% (as expected) - its highest since Nov 2023. The rise in Services costs (headlined by Housing & Utilities, Financial Services, and Healthcare) dominated the increase in Core PCE YoY... The headline PCE...