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

Treasury Boost Quarterly Borrowing Estimate To $189BN: Full Quarterly Refunding Preview The US Department hiked its estimates for US debt borrowing in the current quarter, citing lower net cash flows. In a statement published today, and ahead of Wednesday's Quarterly Refunding Announcement, the US Treasury said that it now expects to borrow $189 billion in net debt for the current quarter, up ~$80 billion from the $109 billion it had forecast in February. The estimate assumes a June quarter-end cash balance of $900 billion, the same as the prior forecast.  According to the...

No Laughing Matter: John Cleese Declares "I'm Afraid They Are Going To Have To Arrest Me" Authored by Jonathan Turley, In the classic movie comedy, A Fish Called Wanda, John Cleese lamented, “do you have any idea what it’s like being English? Being so correct all the time, being so stifled by this dread of, of doing the wrong thing.” Now 86, Cleese has a more pressing concern about being English: whether his exercise of free speech will make him a criminal in his own country. In a recent interview, Cleese observed that...

Senior Trump administration officials told members of Congress during a closed-door briefing on Tuesday that Iran’s Shahed attack drones are a major threat to the US military and that not all of them will be intercepted by US air defenses, CNN has reported. The report said that Secretary of War Pete Hegseth and Chairman of […]