Article
What Causes Stagflation?
What Causes Stagflation?
Authored by Frank Shostak via The Mises Institute,
In the late 1960’s Edmund Phelps and Milton Friedman challenged the popular view that there can be a sustainable trade-off between inflation and unemployment. In fact, over time, according to Friedman, expansionary central bank policies set the platform for lower economic growth and a higher rate of inflation (i.e., stagflation). A famous case of stagflation occurred during the 1974-75 period. In March 1975, industrial production fell by nearly 13 percent year-on-year while the yearly growth rate of the consumer price index (CPI) jumped to...
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Jun 5, 2026 / Tyler Durden
Inquest To Examine If Police Hand-Cuffing Contributed To Henry Nowak's Death
Inquest To Examine If Police Hand-Cuffing Contributed To Henry Nowak's Death
Authored by Steve Watson via Modernity,
The system that failed Henry Nowak will come under refreshed scrutiny as some medical experts have suggested police actions could have contributed to his tragic death.
An inquest will probe whether Hampshire police officers caused or contributed to the 18-year-old student's death when they yanked his arms behind his back, handcuffed him, and treated him as a suspect while he lay bleeding out and pleading that he had been stabbed and could not breathe.
This comes...
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Apr 6, 2026 / Tyler Durden
Iraq Tells Buyers To Collect Crude Which Can Now Cross Hormuz, While US Boosts Ship Reinsurance Guarantees To $40BN
Iraq Tells Buyers To Collect Crude Which Can Now Cross Hormuz, While US Boosts Ship Reinsurance Guarantees To $40BN
Over the long weekend, we reported that with traffic across the Hormuz strait continuing to rise, and reaching the highest since the war began, one particularly favorable development was Iran's permission for Iraqi ships to use the Strait. We also noted that this declaration had the potential to unleash as much as 3 million barrels a day of Iraqi oil cargoes.
That said, there was the caveat that it was not immediately clear...
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Apr 26, 2026 / Tyler Durden
Hungary's Going Gay? TV Channel Dedicated To 24-hour LGBTQI Programs Will Soon Launch
Hungary's Going Gay? TV Channel Dedicated To 24-hour LGBTQI Programs Will Soon Launch
Via Remix News,
Hungary will soon be getting a new government under Tisza’s Péter Magyar, but the landscape is already shifting, with a new LGBTQ-themed online television channel called “Rainbow” (“Szivárvány”) TV in the works to broadcast programs targeting the LGBTQI community 24 hours a day.
The entrepreneur behind the project, whose identity is being kept secret for now, reports Media1, but they have already submitted the necessary documents to the National Media and Communications Authority.
The channel will reportedly offer...
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