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

Trump Eyes Boots On The Ground Along Hormuz Shoreline Several reports this week into Thursday say the Trump administration is quietly weighing a major escalation - potentially deploying thousands of additional troops to the Middle East as the White House struggles to map out an end game in Iran, according to Reuters. Interestingly, the Reuters report doesn't include the phrase that Trump strongly campaigned against: 'boots on the ground'. Instead the report framed things more simply as "US weighs military reinforcements as Iran war enters possible new phase." Are the American people being...

One of the legacies of Keynesian thought is the belief that war is “good for the economy.” While war may help enable employment, nonetheless, its overall legacy is destructive, and even the jobs war “creates” are economically undesirable.

US-Israeli sites continue to pound civilian targets in Iran, hitting an orphanage, a cancer drug facility, a religious site, and more residential buildings in recent days. CNN reported, citing Iran’s semi-official Fars News Agency, that a US or Israeli strike on Monday hit a newly built orphan charity complex in the city of Fardis, about […]