The Myth that Won't Die: "War is Good for the Economy"

What More Evidence Does The Blob Need That Michael Gove Was Right? Authored by Toby Young via The Daily Sceptic, When I think of Michael Gove perusing the latest PISA league tables, proving yet again that his education reforms have transformed the life chances of English schoolchildren, a line from Broadcast News, the 1987 romcom, comes to mind. "It must be nice to always believe you know better, to always think you're the smartest person in the room," says a veteran television news man to a young female producer. "No," she replies. "It's...

Trump Admin Sues California To Block Electric Vehicle Mandate Authored by Kimberley Hayek via The Epoch Times, The Justice and Transportation Departments filed a lawsuit against California on Thursday to stop what they say is an illegal electric vehicle (EV) requirement, alleging that the state is mandating fuel economy standards that federal law places in the exclusive domain of the federal government. Attorney General Pamela Bondi and Transportation Secretary Sean P. Duffy announced the lawsuit, which was filed for the National Highway Traffic Safety Administration (NHTSA). The suit takes aim at regulations...

Oil Experts To Spar On Iran Deal: Crude To $150 Or $50? With oil prices plunging after the announcement of a U.S.-Iran ceasefire agreement and plans to reopen the Strait of Hormuz, traders are asking: Is the geopolitical risk premium gone, or is the market setting up for another shock? Tonight at 7pm ET, veteran commodities strategist Jeff Currie and energy economist Anas Alhajji join host Erik Townsend to debate where oil heads next. The tentative agreement sent crude sharply lower as investors price in the return of halted supply and reduced...