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

Israeli troops have killed a Palestinian couple and two children in the West Bank village of Tammun as violence against Palestinians in the Israeli-occupied territory continues to surge. IDF soldiers opened fire on the family’s car overnight, killing Ali Khaled Bani Odeh, Waad Othman Bani Odeh, and their two young children: Othman, 7, who had […]

$5 Diesel Means A 35% Jump In Prices For US Consumers While US gasoline prices have risen substantially since the start of the Iran war (although RBOB futures suggest there is much more upside should oil prices remain around $100), the average price of diesel has already soared above $5 per gallon in the US, the highest since 2022, and pushing up supply chain costs and setting the stage for broader inflation for consumers. The price spike is increasing costs for farmers, truckers and construction firms. With diesel at $5 per gallon,...

Iranian Foreign Minister Abbas Araghchi said on Thursday that Iran is ready to fight US ground troops amid indications that the Trump administration is preparing to send forces into the country. Araghchi was asked during an appearance on NBC News if Iran was afraid of a US ground invasion. “No, we are waiting for them,” […]