"Numerous over-hyped stocks have collapsed from absurdly inflated prices. Manias for cryptos, NFTs and – most recently – ‘anything AI’ are symptoms of investors’ quest for the ‘elixir of alternative’."
"I thus find this a natural point in my career to articulate precisely why I no longer consider myself an Austrian economist - as I certainly did eight years ago."
Why I Am Not an Austrian Economist
by Bryan Caplan