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

The substitution of economic and moral principles by emotional imperatives does not represent a technical failure, but a profound philosophical divergence about human nature and the function of the state.

The Barbell Economy: Why The Middle Is Vanishing Authored by Tamuz Itai via The Epoch Times, There’s a pattern quietly reshaping daily life, work, and society itself. Economists now call it the “barbell economy.” Value, growth, and opportunity concentrate at the two extremes—ultra-cheap utility on one end, premium experience and status on the other—while the broad, reasonable middle thins out. Once you start noticing it, you can’t unsee it. And the data show it isn’t a fleeting trend. Start with something as ordinary as dinner. Fast-food drive-throughs, delivery apps, and value menus...

Israel is preparing for the war with Iran to drag into April. Tel Aviv assesses that the government in Tehran will likely remain in place after the conflict.  Israeli officials told Ynet that preparations were underway in Tel Aviv for the war against Iran to last another month. Tehran has said it is prepared to […]