Entrepreneurship Beyond Politics: Mises Circle in Oklahoma City

Google Tumbles After Boosting 2026 Capex Guidance Again Update (5:00pm ET): It took just a few minutes into the call for management to get to the elephant in the room, namely the relentless spending on overpriced commodity chips, and just like last quarter when GOOGL guided to a much higher capex for the current year, it did so again (if to a slightly lesser extent). The stock promptly slumped 3% to new session lows. *ALPHABET SEES FY CAPEX $195B TO $205B, SAW $180B TO $190B And then: *GOOGLE STILL SEES FY27 CAPEX INCREASING...

Strategic Autonomy Is Running Dry By Bas van Geffen, senior macro strategist at Rabobank Yesterday, my road cycling took me along the Lek River, which branches off from the Rhine. I frequently ride the path along this river, but the Lek was almost unrecognisable in the distance and what is normally part of the riverbed has now run dry. It’s a very tangible reminder of numbers we’ve recently been watching on our screens: Upstream, at Kaub, the water level in the Rhine has fallen to historical lows. And a new heatwave that...

Chart Of The Day: Democrats' Patriotism Falls Off A Cliff. Here's One Reason Why American pride remains high in absolute terms, but the trend is clear: the U.S. has shifted from being one of the world's most nationally proud countries to one that now resembles a typical Western nation. There are multiple forces behind this decline, but the largest political signal comes from the transformation of the Democratic Party. What was once a center-left party has increasingly embraced socialism and Marxism, frequently expressing anti-American rhetoric while seeking to undermine capitalism and...