Inflation, Communication, and Noise

In memory of Roger Garrison, Bob walks through Garrison's famous capital-based macroeconomics diagrams, showing how they translate the Mises-Hayek theory of the boom-bust cycle into the language of modern macroeconomics.

AI Content 'Incidents' Skyrocket: A Growing Threat In The Digital Age The latest data from the OECD’s AI Incidents and Hazard Monitor reveals a staggering boom in monthly media-reported AI-related content incidents: from just about 50 in early 2020, to over 200 in early 2024 and nearly 500 by January 2026, representing a tenfold increase over the period. As Statista's Tristan Gaudiaut details in the infographic below, the rise has been particularly strong since last year (doubling in the last twelve months). You will find more infographics at Statista This exponential rise underscores the rapid...