Your gateway to a free society
Article
The Strait Of Hormuz Crisis Exposes A Fatal Flaw In Economic Thinking
The Strait Of Hormuz Crisis Exposes A Fatal Flaw In Economic Thinking
Authored by Kurt Cobb via Resource Insights,
Even a 4–5% loss in global energy supply could translate into a comparable drop in economic activity due to energy’s central role in all production.
Disruptions in oil and LNG flows through the Strait of Hormuz are already removing a significant share of global energy, with cascading impacts across industries.
Rising energy costs trigger widespread knock-on effects—from food and travel to semiconductors—potentially leading to a severe global recession.
A priest, an engineer, and an economist are...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Mar 27, 2026 / Tyler Durden
Iran Conflict Drives Surge In China EV Demand
Iran Conflict Drives Surge In China EV Demand
A sharp rise in oil prices tied to the US-Israel confrontation with Iran is likely to speed up the global transition to electric vehicles, strengthening a shift that has already helped China overtake Japan as the world’s top car seller, according to South China Morning Post.
Crude prices have surged past $100 a barrel amid fears of disruption to energy supplies, particularly through the Strait of Hormuz. US President Donald Trump escalated tensions by warning he would “obliterate” Iran’s power plants if shipping...
Read more
Apr 2, 2026 / Tyler Durden
CEO Of Largest Public Hospital System Says He's Ready To Replace Radiologists With AI
CEO Of Largest Public Hospital System Says He's Ready To Replace Radiologists With AI
By Marty Stempniak of Radiology Business,
The chief executive of America’s largest public hospital system says he is prepared to start replacing radiologists with artificial intelligence in some circumstances, once the regulatory landscape catches up.
Mitchell H. Katz, MD, president and CEO of NYC Health + Hospitals, recently spoke during a panel discussion held by Crain’s New York Business. The trained internal medicine specialist noted how AI is increasingly being used to interpret mammograms and X-rays.
This presents an...
Read more
Apr 9, 2026 / Kyle Anzalone
Ukraine Sea Drone Fired From Libya Hit Russian Tanker in Mediterranean
Last month, a Russian tanker, the Arctic Metagaz, was badly damaged by a sea drone attack off the coast of Malta. On Tuesday, two Libyan officials speaking with the Associated Press said that the government based in Tripoli is hosting Ukrainian forces under a covert deal with the West. Ukraine used its Mediterranean military base […]
Read more
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?