@LadyArkham I feel like medicine wants to use empirical science - which is inherently uncertain and changeable - with the confidence of recommendations we're certain about. The result is what feels like a lie, but the "lie" is really just in overstated certainty.
@Chesschick01@KevinTartis@elonmusk@paulg Did I tell you about the student that cited a newspaper article that had a publication date AFTER the paper was turned in? That was my favorite.
@KevinTartis@Chesschick01@elonmusk@paulg At least last semester, there were some easy "tells" (generally involving non-existent sources, usually by "Smith, John"). But, LLMs are getting better, so I'm not sure if that will still be true in the Fall semester.
As I noted in my talk this morning at #MisesU, my latest book How to Think about the Economy is free in the Mises Store: paperback, PDF, and audiobook. Check it out at https://t.co/rxiA6upy45 . Get your copy today!
This is known as the inflation tax—when the Federal Reserve prints money, it benefits the early receivers of the money (Wall Street) at the expense of the late receivers (the middle class).
A prime example of what my wife calls "Quaker sass" from William Penn. (To a Presbyterian clergyman that was condemning Quakers, and had set up a farce of a "debate" w/Penn.)
Just to brag - From 2011-2020, Kent State University at Stark was ranked 55th most productive research institution in the area of Austrian Economics, putting us above Princeton and Oxford. https://t.co/zh075x6yaK
@Friended4Ever@DorfGinger This might get labeled as "immaterial", but: (1) I don't deny that tax liabilities can influence the demand for money. (2) It seems far more likely that the original demand for cigarettes comes from direct use value than some kind of tax liability.