The Minerals Consortium Will Result in Malinvestment

Politicians say they can “fix” the economy. But economists Friedrich Hayek and Ludwig von Mises pointed out how government “fixes" lead to bigger problems. Ryan McMaken is interviewed by John Stossel for this interview about what we can learn from Mises and Hayek.

Pakistan Under Security Lockdown As Iran Delegation Arrives For US Talks - Fighting Hasn't Ceased In Lebanon Summary:  Iran makes clear Lebanon fighting must end or else Pakistan talks "meaningless" - as its delegation arrives in 'locked down' Pakistan. Trump 'optimistic' a deal within reach - also as Israel-Lebanon talks scheduled in Washington next week. US delegation headed by Vance en route to Islamabad. Lloyd's: "The Iranians are willing to negotiate with certain countries to secure voyages, but only on a case-by-case basis." A handful of mostly Iranian/China-linked tankers have passed in last 24 hours. After...

China's Unitree Robotics IPO 5,526 Times Oversubscribed By Retail Investors Unitree Robotics' initial public offering was heavily oversubscribed (5,526 times) by retail investors as China's first publicly traded humanoid robotics company prepares to enter the public markets. The IPO will help usher in physical AI to the equity market. The Hangzhou-based humanoid robot maker raised about 6.1 billion yuan, or $904 million, after selling 40.4 million shares at 150.8 yuan each, according to Bloomberg. The offering values Unitree at roughly 61 billion yuan, or $9 billion, ahead of its expected STAR Market debut...