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

Iranian Foreign Minister Abbas Araghchi said that Tehran is not seeking to end the war with the US.  “We are not asking for a ceasefire. And we don’t see any reason why we should negotiate with the US. When we negotiated with [the US] twice, and every time they attacked us in the middle of […]

President Trump is open to backing militant groups who are willing to fight the Iranian government, The Wall Street Journal reported on Tuesday. Among the groups Trump is considering supporting are Kurdish forces based in Iraq, who have thousands of troops along the Iran-Iraq border, an idea first raised by Israeli President Benjamin Netanyahu during […]

Three Maritime Incidents Reported In Strait Of Hormuz Energy Chokepoint Update (1045ET): The United Kingdom Maritime Trade Operations reports three maritime incidents in or around the Strait of Hormuz involving commercial vessels. First Incident Second Incident Third Incident Reuters wrote on X, "Tanker owners, oil majors and trading houses suspended oil, fuel and LNG shipments through the Strait of Hormuz after Tehran said it had closed navigation."  Tanker owners, oil majors and trading houses suspended oil, fuel and LNG shipments through the Strait of Hormuz after Tehran said it had closed navigation, raising fears of a...