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The Business Times

Tyler Cowen

BLOOMBERG OPINION COLUMNIST; PROFESSOR OF ECONOMICS AT GEORGE MASON UNIVERSITY AND WRITES FOR THE BLOG MARGINAL REVOLUTION. HIS BOOKS INCLUDE “THE COMPLACENT CLASS: THE SELF-DEFEATING QUEST FOR THE AMERICAN DREAM” @TYLERCOWEN

FILE PHOTO: Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy in London, Britain March 8, 2024. REUTERS/Hollie Adams/File Photo

Is the price of Ozempic really so outrageous?

The limited number of core economic principles, such as supply and demand, make it relatively easy to derive their major implications.

Exciting economics is often misguided economics

US Senate Majority Leader Chuck Schumer speaking on bipartisan efforts to create Senate AI policy at a press conference in Washington, DC, USA, on May 15, 2024.
THE BOTTOM LINE

The AI safety movement is dead

Ozempic, made by Novo Nordisk, is a huge boon to the Danish economy.

Ozempic is transforming the health of Denmark’s economy

The most favourable scenario for Bidenomics is that US investments lead to cheaper green energy sources

Has Bidenomics worked? It’s too soon to say

In this photo illustration, a video created by Open AI's newly released text-to-video "Sora" tool plays on a monitor in Washington, DC on February 16, 2024. OpenAI, the creator of ChatGPT and image generator DALL-E, said it was testing "Sora," which would allow users to create realistic videos with a simple prompt. The Microsoft-backed company said the new platform was currently being tested but released a few videos of what it said was already possible, with the accompanying input made to generate the video. (Photo by Drew Angerer / AFP)
THE BROAD VIEW

What’s the future of advertising? Ask Sora

By one estimate, last year publicly traded US firms accounted for 44.9 per cent of global market capitalisation.
THE BOTTOM LINE

Stock markets are driving a new American century

In certain places, land will become much more valuable, as companies choose to locate near AI centres to access the labour markets for AI researchers, or to learn about AI from the industry’s leading actors
COMMENTARY

Struggling cities facing more pain from AI boom

The world economy is less vulnerable to energy price shocks now than it used to be, and this trend will only continue with the rise of cheaper solar and wind power. Another systematic force on the global economy – the price of fossil fuels – has thus been weakened.
THE BOTTOM LINE

The rate of global economic growth is meaningless

Nations that develop or tolerate AI-generated innovations could become more important exporters.

How AI will remake the rules of international trade

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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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