No, We Cannot “Afford” This War with Iran Either

New Iran Supreme Leader Chosen, But Identity Concealed, As US-Israeli Strikes Obliterate Tehran's Energy Resources Iran officially announced Sunday that it has chosen its next supreme leader, though the identity of the successor remains under wraps for now, given that already the Assembly of Experts had last week paused the selection process amid the ongoing heavy US-Israeli bombing campaign. The other big concern is that the next Ayatollah of the Islamic Republic will have big target on his back while under the bombs. According to Iran's ISNA news agency, the Assembly...

Dr. Per Bylund contrasts the futility of politics with the quiet power of entrepreneurship, showing how innovative businesses like Uber and Amazon actually dismantle regulations, reshape institutions, and push the state back more effectively than any protest movement or election.

Stablecoin Yields Won't Harm Banks, White House Economists Say Authored by Amin Haqshanas via CoinTelegraph.com, A White House report found that banning yield on stablecoins would have a marginal impact on bank lending while creating clear economic downsides. According to the Council of Economic Advisers, a three-member agency within the Executive Office of the President tasked to offer the president economic advice, moving funds from stablecoins back into bank deposits would not translate into significant new lending. Under its baseline scenario, total bank lending would increase by about $2.1 billion, roughly 0.02% of...