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

WTI Extends Gains, Shrugs Off SPR Release Amid Crude Build, Dip In US Production Oil prices are higher this morning, shrugging off the well-telegraphed (and practically useless) SPR release. "Oil prices remain volatile and risk sentiment fragile and trading is on the headlines and rapidly evolving conflict in the Middle East," noted Neil Wilson, Saxo UK investor strategist. And while, the main drivers of crude prices remain more global, the domestic supply and demand situation remains noteworthy based on its impact on gasoline (pump) prices. API Crude -1.7mm (+1.1mm exp) Cushing Gasoline -1.8mm Distillates -2.3mm DOE Crude +3.82mm (+1.1mm...

Most Americans are not buying the White House’s narrative that the war on Iran is making the world a safer place.  A poll released by Fox News on Wednesday found that 51% of Americans believe they are “less safe” because of the US and Israeli war against Iran. Only three in ten Americans thought the […]