PODCAST: DHP Villains: Woodrow Wilson, Part 10

These Consumer Goods Could Be First To Vanish As "Supply Shock" Disrupts Asian Factories Goldman analysts warned that the petrochemical supply shock sweeping across Asia is now morphing into a full-blown COGS shock, hitting a range of industries with factories across the region. The immediate consequence is that manufacturers - from sofa makers to apparel producers - are being forced to dial back production and, in some cases, idle plants altogether as soaring petrochemical-linked input costs drive up the price of plastics and other key materials. In the note "Petrochemical...

"Hubris Generally Precedes Clusterf**k": Does It Smell Like Victory? Authored by James Howard Kunstler, The message seems to be something like the USA isn’t messing around with all those strike forces in the waters around Iran. The Islamic Republic suddenly looks like Rock-and-Hard-Place-Land. Everybody and his uncle are trying to figure out the calculus in play, World War Three or a happy ending? You’re seeing the most significant US military build-up over there in memory. Smells a little bit like first Gulf War, 1991 — minus all those allies we roped in then. Mr. Trump (via...

Dr. Per Bylund unpacks Rothbard's concept of the capitalist entrepreneur as the economy's true mover and shaker: the figure who not only forecasts future consumer demand but puts real capital behind those forecasts, bearing uncertainty and driving the structure of production.