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Is AI Good For The US Labor Market And Bad For Europe's? France's unemployment rate has been climbing steadily over the past eighteen months to the highest level in five years, with unemployment increasing across all age groups. The US, by contrast, has stayed essentially flat and near multi-decade lows over the past few years. While there are multiple factors driving both country's economic progress (or lack of it), Apollo's Chief Economist, Torsten Slok, recently noted that Europe and the US face the same AI displacement. But, only the US gets what offsets...

BMW Job Cuts And The Emerging German-French Industrial Strategy Submitted by Thomas Kolbe Will German policy paralysis and French protectionism save Germany’s automakers? Unlikely, since Paris and Berlin are pursuing similar ideological goals. Everything points toward the expansion of a green state-run economy. On that, there is agreement. The concerns of private enterprise are secondary. Given the dramatic situation, automakers would probably take even the most hopeless escape route in an attempt to escape the downward spiral. This has now also caught up with the previously remarkably resilient BMW Group: Just last...

Britain Is Now Policing Thought Crime Authored by Ciaran Kelly via DailySceptic.org, If you want a snapshot of how far Britain has drifted from its liberal inheritance, consider the spectacle of a 78 year-old grandfather and retired pastor being warned by police that he must not preach from the Bible within a public area. His offence was not harassment, obstruction or intimidation. It was reciting and commentating on a verse many learned as children: “For God so loved the world…” Clive Johnston’s alleged crime was breaching a ‘buffer zone’ around a hospital which...