Persistent Delusion Among the American and NATO Defense Establishment

As many as 150 US troops have been wounded in the war with Iran since it was launched by the US and Israel on February 28, Reuters reported on Tuesday. Prior to the report, the Pentagon had only said that eight US soldiers were “seriously wounded” and confirmed the deaths of eight US service members, […]

Help us keep alive Murray Rothbard’s legacy! In honor of Rothbard and all that he did to revitalize Austrian economics and the cause of liberty, the Mises Institute is proud to launch the Year of Rothbard to celebrate his 100th birthday.

Jet Fuel Prices Soar As War In Iran Ripples Through Global Aviation Authored by Felicity Bradstock via OilPrice.com, Airlines, including Qantas, SAS, and Air New Zealand, have already announced airfare increases. Surging jet fuel prices and disruptions in the Strait of Hormuz are squeezing airline operations. Prolonged conflict could weaken travel demand and deepen pressure on global airline stocks. As the war in Iran spills over into other parts of the Middle East, energy experts expect the price of several oil and gas products to soar over the coming months, driven by shortages. This...