Has AI been propping up the American economy? For instance “the Bureau of Economic Analysis’s category for investment in information processing equipment and software accounts for over 90 percent of economic growth in the first half of 2025.” The key question is what would have been done with those resources otherwise. Regardless of their specific […]
Some simple economics of AI and macro cycles
Some simple economics of AI and macro cycles
20 Oct 2025 Leave a comment
in applied price theory, business cycles, economic growth, entrepreneurship, history of economic thought, macroeconomics
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