Remembering Pre-Chair Kevin Warsh

The Barbell Economy: Why The Middle Is Vanishing Authored by Tamuz Itai via The Epoch Times, There’s a pattern quietly reshaping daily life, work, and society itself. Economists now call it the “barbell economy.” Value, growth, and opportunity concentrate at the two extremes—ultra-cheap utility on one end, premium experience and status on the other—while the broad, reasonable middle thins out. Once you start noticing it, you can’t unsee it. And the data show it isn’t a fleeting trend. Start with something as ordinary as dinner. Fast-food drive-throughs, delivery apps, and value menus...

Air Force Advances Microreactor Deployments at Three Bases The Department of the Air Force (DAF) has moved forward with its Advanced Nuclear Power for Installations (ANPI) initiative, announcing specific company pairings to develop microreactors at three installations.  Radiant Industries will partner with Buckley Space Force Base in Colorado. Radiant is developing Kaleidos, a portable 1 MW helium gas-cooled microreactor using TRISO fuel. Factory-built and transportable by truck or aircraft, the unit requires no on-site water, relying instead on air cooling with fans and passive natural convection. It targets military installations among...

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.