American Airline Cuts Outlook After Jet Fuel Shock Bill

Dr. Per Bylund unpacks Rothbard's concept of the capitalist entrepreneur as the economy's true mover and shaker: the figure who not only forecasts future consumer demand but puts real capital behind those forecasts, bearing uncertainty and driving the structure of production.

Philippines Declares State Of Emergency As Energy Crisis Looms As we outlined in our recent analysis on Australia's dangerous vulnerability to disruptions in the Strait of Hormuz, most of Asia is heavily exposed and faces an unprecedented energy crisis should the war in Iran continue to prevent safe passage of oil and natural gas from the Gulf.  As Australia debates the potential for a national emergency, the Philippines has already declared one. This week, Philippine President Ferdinand Marcos Jr. signed Executive Order No. 110, declaring a state of national emergency as...

Earlier this week, Israel announced that they’d begun their ground invasion of southern Lebanon. Early fighting was reported around the city of Khiam. That just continues to worsen, according to reports, and is starting to spread to other areas of the border region. In addition to Khiam, locals in the border village of Ayta al-Shaab […]