Progressives and Conservatives Are Wrong About Taxing the Rich

People readily line up on one side or another of great economic debates. How do they choose which side to take?

World's Biggest Physical Oil Trader Warns Of Months Of Price Volatility By Michael Kern of OilPrice.com Seasonally lower demand ahead of the peak summer driving season and the continued turbulence in the Middle East could extend the violent oil price swings for months ahead, the top executive of oil trader Gunvor has told the Financial Times. “It is a little bit of a more challenging, softer period that we need to be careful of,” Gary Pedersen, chairman and CEO of Gunvor Group, told FT in an interview published on Monday. “Frankly, it could...

Intel Leak: Russia Mulled Giving Iran Un-Jammable Drones To Fight US Forces Russia offered Iran thousands of advanced drones built to bypass electronic jamming systems, along with training for attacks on US troops in the Middle East, according to a confidential intelligence document obtained and reviewed by The Economist. Already the two countries have deepened their defense ties in the context of the years-long Ukraine war, with Tehran providing tens of thousands of Shahed suicide drones, but this fresh allegation points to potential increasing Russian involvement against the United States in...