
The AI Frontier of Economic Theory
Dec 2, 2019 anticipates that big data and artificial intelligence will lead to new models of behavior and outcomes.
Thomas J. Sargent is Professor of Economics at New York University and a senior fellow at the Hoover Institution.
Dec 2, 2019 anticipates that big data and artificial intelligence will lead to new models of behavior and outcomes.
Many would regard the middle of a pandemic-induced economic crisis as the wrong time to sound the alarm about the potential dangers of profligate government spending. But as US President Joe Biden’s proposed $1.9 trillion economic rescue plan works its way through Congress, it is not only Republicans who are asking whether providing too much fiscal stimulus could be just as risky as delivering too little.