UK Moves To Ban New North Sea Oil & Gas Licenses Permanently

'A National Calamity': 1 In 8 UK Children Reported As Disabled By Parents Authored by Mary Gilleece via dailysceptic.org, The recent news that one in eight children are now reported by their parents as being disabled ought to prompt an immediate national inquiry into what on earth is causing a large proportion of the population to sicken. That millions of children and young people are stricken with disabilities ought to be front page news every day until it is sorted out. The Telegraph reports: About 12% of children – or around 1.7 million youngsters – are...

Artificial Intelligence, Real Misallocation Authored by Peter C. Earle, Ph.D, Artificial intelligence may well be the most important technological development of the coming decade-and that is exactly why the current capital surge around it warrants skepticism. History is littered with transformative innovations that were nonetheless disastrously overbuilt and mispriced in their early phases. Austrian Business Cycle Theory was never a children’s story in which every boom ends with clowns, ashes, and worthless machinery; its real claim is subtler and nastier. When the price of time is falsified-when interest rates are pushed...

Alan Greenspan, Longtime Fed Chair And "Maestro" Of Markets, Dies At 100 Alan Greenspan, the former Federal Reserve chairman who led the central bank from 1987 to 2006, under four presidents, died at 100 from complications of Parkinson's disease, NBC News reported. Greenspan became known as the "maestro" of monetary policy, spanning one of the longest and strongest economic expansions in U.S. history, marked by booming stocks, rising home prices, low unemployment, and confidence that he could steer markets through financial crises. "Alan passed away at our home this morning at the...