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

More than 200 US troops have been wounded in the Middle East since the US and Israel launched the war with Iran on February 28, a US Central Command spokesman said on Monday, as the conflict continues to rage across the region. CENTCOM spokesman Capt. Tim Hawkins told The Washington Post that US troops have […]

Jet Fuel Prices Soar As War In Iran Ripples Through Global Aviation Authored by Felicity Bradstock via OilPrice.com, Airlines, including Qantas, SAS, and Air New Zealand, have already announced airfare increases. Surging jet fuel prices and disruptions in the Strait of Hormuz are squeezing airline operations. Prolonged conflict could weaken travel demand and deepen pressure on global airline stocks. As the war in Iran spills over into other parts of the Middle East, energy experts expect the price of several oil and gas products to soar over the coming months, driven by shortages. This...

A flurry of bad news has drawn fresh scrutiny to the roughly $2 tln private credit market, as investors question the health of loan portfolios.