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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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Mar 26, 2026 / Dave DeCamp
US Considers Diverting Military Aid for Ukraine for Use in the War With Iran
The Washington Post reported on Thursday that the Pentagon was considering diverting military aid meant for Ukraine to the Middle East for use in the US-Israeli war against Iran, as the US military continues depleting its stockpiles of air defenses and other munitions in the conflict. Since last summer, the US has been sending military […]
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Apr 7, 2026 / Tyler Durden
VP Vance Visits Hungary To Support Orban Ahead Of Election, Blasts EU "Interference"
VP Vance Visits Hungary To Support Orban Ahead Of Election, Blasts EU "Interference"
Authored by Kimberley Hayek via The Epoch Times,
U.S Vice President JD Vance arrived in Budapest on April 7 for a two-day visit aimed at bolstering Hungarian Prime Minister Viktor Orban’s campaign, ahead of Hungary’s parliamentary elections on April 12.
Vance and his wife, Usha Vance, were greeted at the Budapest airport by Hungarian Foreign Minister Peter Szijjarto.
The two men greeted one another warmly, and Szijjarto presented Usha Vance with a bouquet of flowers.
“I’m looking forward to seeing my...
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Feb 17, 2026 / Dave DeCamp
USS Gerald Ford Crossing the Atlantic Ocean as US Continues Major Mideast Buildup to Prepare for Attack on Iran
The aircraft carrier USS Gerald Ford and its strike group are crossing the Atlantic Ocean and heading toward the Middle East, a US Navy official told USNI News on Tuesday, as the US continues its massive military buildup in the region to prepare for a potential attack on Iran. The Ford left the Caribbean after […]
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