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

"We Saw It. We Passed": Blue Owl Fails To Secure Third Party Funding For $4 Billion Data Center As we discussed extensively yesterday, Blue Owl already has huge headaches with its software exposure, being forced to dump a substantial amount of its SaaS-linked loans (to related parties among others) as it gates retail investors in its private credit fund amid a tsunami of redemption requests. We now learn that the massive private credit asset manager is also facing major hardware challenges too.  According to Insider, Blue Owl - which is also...

Thursday’s diplomatic negotiations (26 Feb) – for all the panglossian noise from mediators and negotiators – confirmed the essential impasse. The US demands presented to Iran were: These demands plainly were formulated to obstruct, rather than facilitate, any diplomatic solution. It reflects a strategy rooted in the viscerally-held presumption of Iranian weakness that, in the […]