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

However one may turn the matter, one cannot discover any reason why an ideological distortion of truth should be more useful to the bourgeoisie than a correct theory.

What If The Automatic Stock Buying Just...Stops?  Submitted by QTR's Fringe Finance My readers know that for the last couple of years I’ve repeatedly warned about the “passive bid” in markets. By that I mean the constant, automatic buying of stocks driven by retirement plans, ETFs, and other systematic investment programs. This bid isn’t discretionary. It doesn’t ask whether valuations are reasonable and it doesn’t care whether earnings justify prices. It simply asks one question: did money flow in? If the answer is yes, it buys. It buys regardless of valuation, regardless of...

Western propaganda machinery – the West’s most powerful strategic weapon – has repeatedly asserted that US forces have been winning a swift and sweeping victory over Iran. In tandem, Israeli intelligence officials are briefing western media saying they see increasing signs of disarray and “chaos” within the regime in Tehran, adding that the Iranian chain-of-command […]