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

Russia Launches Springtime Offensive On Ukraine, As "That Other War" Drags On Just days after we reported that trilateral peace negotiations between Russia, Ukraine, and the Trump administration had been suspended -  likely indefinitely - thanks to Washington's escalating involvement in the Iran war, Reuters is now confirming the inevitable: Moscow is pressing ahead with a fresh springtime offensive while Kiev scrambles to hold the line. As we reported before, from the collapse of talks in Geneva and Miami to Putin's envoy shuttling back for what turned out to be fruitless...

The Department of War says it needs $200 billion in additional funds for the war against Iran. Pentagon chief Pete Hegseth suggested the number could go higher. According to a senior administration official speaking with The AP, the Department of War submitted the spending request to the White House. Congress will have to pass a supplemental military […]

Beyond the initial oil shock, the Iran war is also laying the foundation for ongoing monetary inflation and price inflation, with no real change to the US regime’s commitment to easy money.