Without the discipline of profit-and-loss, the desires and goals of the bureaucrats, limited only by the prescriptions and budget of the legislature, necessarily guide policy.

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Without the discipline of profit-and-loss, the desires and goals of the bureaucrats, limited only by the prescriptions and budget of the legislature, necessarily guide policy.
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Image: Cath Virginia / The Verge Chinese startup DeepSeek claims its AI models can match the performance of those made by OpenAI and Meta...
Adam N. Michel President Donald Trump issued a flurry of Executive Orders (EOs) on January 20, his first day in office. One of the...