Joel Mokyr on American Dynamism vs. Techno-pessimism
Joel Mokyr, professor of economics and history at Northwestern University, addresses the Civitas Institute's second annual Austin Symposium on Economic Dynamism.
Economic Dynamism

AI and the Future of Society and Economy
Large language and generative AI models like ChatGPT are the equivalent of the first automobiles: fun to play with, somewhat unreliable, and maybe a little dangerous. But over time, the lesson for will be clear: Who Learns Fastest, Wins.

Automated Detection of Emotion in Central Bank Communication: A Warning
Can LLMs help us better understand the role of emotion in central bank communication?

How We Built the Arsenal of Democracy
By unleashing the energy, creativity, and drive of the private sector to rebuild our defense-industrial base, we can trigger a tech-industrial revival of the American economy.

The $130 Billion Train That Couldn’t
California’s High Speed Rail is only the latest blue-state infrastructure failure.

Slowly Strangling the Pharmaceutical Industry
Unlike many private uses of monopoly power, a government monopoly, backed by state force, can last a long time.

The Hidden Cost of Federal Deficit Spending
We face a much more troubling debt problem than we’ve ever experienced in American history, and addressing it can only be achieved with significant entitlement program reform.

