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

PJM Targets 15 Gigawatts Of New Power To Feed Data Center Boom PJM Interconnection, operator of the largest power grid in the United States spanning 13 states and serving more than 65 million people, has launched an emergency proposal to secure 15 gigawatts of new electricity supply, according to Bloomberg. The move aims squarely at the surging AI data center demand, which has pushed the regional grid to its limits. The plan calls for bilateral negotiations to pair proposed data centers with new power plants. PJM will begin gauging interest from developers and generators...

UK Jet Fuel Rationing Risks Emerge As Goldman Warns Of "Extreme Physical Tightness" Brent crude futures briefly tumbled below $100 a barrel on Wednesday morning after an Axios report indicated the Trump administration and Tehran were working toward a one-page memorandum of understanding to end the war and reopen the Strait of Hormuz. Still, any near-term peace deal would not immediately normalize the badly fractured global energy supply chains. Crude products markets remain physically tight, and the damage from months of disrupted tanker flows will take time to unwind. Some countries...

The Republican-controlled House and Senate rejected a war powers vote that would have granted Congress the ability to decide whether Trump could continue serving Israel’s conflict with Iran. Apparently 77% of Republicans have fallen for the propaganda that Iran is a terrorist state developing nuclear weapons. The same Republicans fell for 9/11, Saddam Hussein’s “weapons […]