Why Mises’s Theory of Economic Calculation Still Is Relevant Today

Petrochemical Supply Shock Begins Idling Asian Factories For weeks, we mapped out for readers how the Gulf energy shock dominoes would fall, spreading outward from the Middle East and striking Asia first through tightened energy-product flows that risk destabilizing the global economy. That transmission of tightening energy flows is now becoming alarmingly visible on factory floors across Asia. Goldman analysts, led by Georgina Fraser, warned clients on Monday that the petrochemical shock is worsening across Asia, with textile and packaging plants emerging as the first major downstream casualties. "The supply shock...

Fed Plans To Release Sweeping Bank‑Capital Rule By Late March: Top Regulator Authored by Andrew Moran via The Epoch Times (emphasis ours), Long-awaited banking regulation—also known as the Basel III Endgame framework—will be released next month, said the Federal Reserve’s top banking regulator. Michelle Bowman, vice chair for supervision of the Federal Reserve Board, in Washington on July 22, 2025. Ken Cedeno/Reuters Fed Vice Chair for Supervision Michelle Bowman, appearing at a Senate Banking Committee hearing on Feb. 26, confirmed that regulators are expected to release an updated Basel III proposal at the...

US and Israeli airstrikes have pounded civilian targets across Iran since the war began on February 28, damaging more than 19,734 civilian units, according to the Iranian Red Crescent Society (IRCS). The ICRS said the figure includes 16,191 residential units, 3,384 commercial units, 77 pharmaceutical and medical centers, and at least 69 schools. The Human […]