Ordering Civilians Out of Beirut Suburbs, Israeli Minister Vows Area Will Look Like Gaza City of Khan Younis

Molinari argues that the division of labor and voluntary cooperation form the natural basis of social organization.

Bessent Unloads On Iran Leadership 'Rats,' Lists 5 Pressure Points As US Blockade Means Clock Is Ticking Summary US Treasury goes after Hormuz payment fees, sanctioning  three Iranian foreign currency exchange houses. Bessent issues pressure points against Iranian 'rats'. White House officials argue the current absence of fighting between Iranian & US forces means the 60-day timeline for Congressional approval (or US forces must leave) doesn't apply due to the ceasefire. Trump on Friday rejects Iran's latest revised proposal to Pakistan mediators. Nuclear issue not included: a non-starter, and focus is on ending the...

Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money did not create an enlightened moment in U.S. monetary history. Instead, it was a monetary bait-and-switch.