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U.S. GAO – U.S. Army’s Efforts to Modernize Artillery, Missiles for a New Era of Warfare
Thursday, June 5, 2025 U.S. Army’s Efforts to Modernize Artillery, Missiles for a New Era of Warfare The U.S. Army is shifting its focus from counterinsurgency-style warfare to large scale combat operations. And with this shift comes an urgent need for artillery and missile systems that are more mobile, durable and more lethal than what…
Spreading Out Across Expanding Idea Space — by Ina Ganguli, Jeffrey Lin, Vitaly Meursault, Nicholas F. Reynolds
Over nearly two centuries, US inventions have become increasingly dissimilar: not just fewer head-to-head collisions between inventors, but growing distance between neighboring inventions. We document this secular decline in similarity using validated neural language models applied to the full text of claims in over 11 million US patents (1836–2023), corroborated by a 98% decline in…
‘I’d hate to end up with an unexpected tax bill’: I’m 73 and still work full time. Can I avoid paying taxes on my Social Security benefits?
“I’m actually earning more each week than I ever have before.”
The green transition – benefits and barriers
Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the 7th World Congress of Environmental and Resource Economists Lisbon, 2 July 2026 In my speech today, I will talk about two factors that have recently contributed to inflation volatility and economic…
Bureaucratic Information Gathering – Econlib
We rely on experts for a lot of our information. By “expert,” I mean someone who is paid for their opinion. Roger Koppl uses this definition in his 2018 book Expert Failure, and I use the same definition in my research, which is based on his book. This definition is useful because it allows us…
Nvidia and OpenAI in talks for up to $250 billion AI backstop
OpenAI CEO Sam Altman walks through the Hart Senate Office Building following meetings on Capitol Hill, in Washington, June 3, 2026. Evelyn Hockstein | Reuters OpenAI is in discussions with Nvidia about a backstop of up to $250 billion that would help fund its ambitious plans to lease a massive new artificial intelligence data center,…
