The Coming Return Of Commodity-Backed Money

US To Power Base With Nuclear Aircraft Carrier As Navy Mulls New Floating Reactor Program Later this summer, the nuclear-powered USS Gerald R. Ford will export electricity from its two A1B reactors directly to Naval Station Norfolk, powering the largest naval base in the world from a $13 billion supercarrier sitting at the pier. Acting Secretary of the Navy Hung Cao provided the news during a May 14 House Armed Services Committee hearing on the FY2027 budget. “This summer, Naval Station Norfolk in Virginia is going to be powered from an...

What Happened To The So-Called AI Job Apocalypse? Authored by Joe Bertolami via RealClearMarkets, A recent report from Stanford reviewed the latest employment data and found that, so far, AI has not resulted in large scale job destruction. Meanwhile, new hiring data from the Economic Times reveals that AI is actively fueling unprecedented job creation, with AI skills now powering nearly two-thirds of new Global Capability Center hiring. Together, these recent dispatches from the front lines of the labor market point to a calming reality: the much-dreaded AI job apocalypse hasn't...

The Six Nooses: How Interventionism Is Strangling The Family's Will To Reproduce Authored by Felix Yang via the Mises Institute, The total fertility rate needed to sustain a population is 2.1. Averaged over 2020-2024, South Korea's stands at 0.78, Taiwan's at 0.89, and Hong Kong's at 0.79. Mainstream demography still treats these as cultural anomalies, when they are in fact the terminal readings of a century-long experiment in administrative intervention. The standard explanation blames housing costs, changing values, or the burden of raising children in a modern economy. Examined through the lens...