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The Interesting Lies of Samuelson: How We Naively Believed the Case of Giffen Goods

If economics has its Unicorn, it would be the Giffen Good, the good that would seem to defy the Law of Demand. While economists have played around with Giffen Good scenarios, in reality, finding it is even more unlikely than sighting a unicorn.
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Feb 20, 2026 / David Stockman
Here Goes Washington To War Again…Because It’s Still Empire First
Here they go again—the war drums on the Potomac are beating so loudly for war against Iran that the CIA stenographers at the NYT have now confidently announced that the next attack will commence this weekend. And yet and yet. Why? The overwhelming fact of life in the year 2026 is that Iran is not […]
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Feb 27, 2026 / Tyler Durden
Are You Being Watched By Smart Glasses? Here's How To Check
Are You Being Watched By Smart Glasses? Here's How To Check Meta's Ray-Bans are seeing growing adoption among everyday consumers, highlighting an affordability sweet spot for AI-powered wearables as Apple is expected to enter the space with its own smart glasses following its failed Vision Pro launch. Yet, as AI-powered glasses gain popularity, they introduce new privacy and security concerns, with one smartphone app emerging as an early countermeasure. As first reported by tech blog 404 Media, the new smartphone app Nearby Glasses scans the Bluetooth signature emitted by smart glasses...
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Mar 7, 2026 / Tyler Durden
Russia Warns 'Vulnerable' Finland As It Moves To Lift Ban On Hosting NATO Nukes
Russia Warns 'Vulnerable' Finland As It Moves To Lift Ban On Hosting NATO Nukes The last thing the world needs at this moment of raging war in Iran and the Persian Gulf region is another round of nuclear saber-rattling related to that other raging hotspot - the Ukraine conflict, but that's precisely what is happening again this week. The Kremlin is warning that Russia could respond if Finland moves forward with plans to scrap its longstanding ban on the transit and storage of nuclear weapons, framing the proposal as a direct...
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