Rothbard, the Mises Institute, and the Battle of Ideas

UBS Checks With Major Restaurant Franchisees Reveal Troubling Consumer Trends In a continuation of our note on the health of America's restaurant industry, we cite UBS analyst Dennis Geiger for a second straight week, as his coverage of the consumer and restaurant sectors has been spot on. Sentiment toward chain eateries remains "generally cautious," with macro pressures, elevated gas prices, and weak demand among lower-income consumers continuing to weigh on traffic and sales trends. Last week, Geiger warned, "Challenged traffic and sales trends likely reflect depressed consumer sentiment across several cohorts,...

President Donald Trump’s war with Iran is widely unpopular with the American people.  According to a Reuters poll conducted on Sunday, only 27% of Americans support the US attacking Iran. 43% of Americans oppose the war.  Trump ordered the war on Iran on Saturday morning. The US and Iran were in the process of negotiating […]

Although the Iran war largely has been viewed through the lens of conventional western warfare, its lessons are anything but conventional. They are in fact insurrectionary. The post-war western approach (especially in the Cold War context) relied on the ability to outspend any military adversary through the acquisition of high-end, over-engineered and costly manned aircraft and munitions. […]