Maybe Attacking Iran Was Not Such A Good Idea

Keynesians claimed that stagflation—rising price levels and increasing rates of unemployment—couldn’t happen. Then it happened time and again, something predicted and coherently explained by Austrian economists.

Inflation Fears Fade As War Drags UMich Sentiment Lower After rebounding solidly in January and February, expectations were for a modest decline in UMich Sentiment in preliminary March data and analysts were right but the 55.5 print (from 56.6 prior) was better than the 54.8 expected. Current Conditions actually improved, surprising to the upside (57.8 vs 56.6 prior vs 54.9 exp) Expectations fell more than expected (54.1 vs 56.6 prior vs 54.5 exp) Current Conditions are at their highest level since October while expectations are at their lowest since November. Source: Bloomberg Interviews for this...

Every nation-state boundary was drawn by force. Should we treat them as sacred the same way we treat a house or factory? Rothbard says no, and proposes something more radical.