How to Change the World: Entrepreneurship vs. Politics

Canada's Assisted Suicide Program Could Include Children And The Mentally Ill Canada's MAID program is the subject of ongoing concern among anti-globalist movements across the western world.  The assisted suicide system kills around 15,000 or more Canadians each year and is quickly expanding to include more and more people who are not terminally ill.   Almost all assisted suicide programs are created by liberal governments and all of them are initially promoted as a way to "end the suffering" of people who are close to death anyway.  However, this is merely the...

The Iranian government has allowed a number of foreign vessels to transit the Strait of Hormuz in recent days, with some reports stating that a one-month permit had been granted to certain ships. Once a conduit for much of the world’s oil supply, the strait was effectively closed by Tehran in response to US and […]

Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls In the past two weeks we have discussed demand destruction as a result of soaring oil prices (here and here), and we are increasingly seeing anecdotal evidence of just that (here is a table from Goldman we showed previously, laying out where demand destruction is most acute). We start, as always, with Asia which has emerged as ground zero of the global energy crisis - as a reminder last week we first presented a map by JPMorgan's...