A Schumpeterian Analysis of the Eurobond Scandal through Rothbard’s Cui Bono

The Biggest Problem With AI Today By Christopher Penn, of Almost Timely News What’s the biggest problem in AI today? Is it cost, with token budgets being blown out of the water by agentic AI? Is it sustainability, with AI consuming electricity and fresh water? Is it ethics, with tech companies cramming AI into everything? I think it’s deeper than that. Those are all symptoms of a much deeper-rooted problem: nobody’s making decisions. Or more correctly, we’ve abdicated far too much of our executive function to AI. We’ve surrendered our thinking.  Let’s dig...

US Engaged In Sustained Attack Waves On Iran As Trump Boasts 'We Bombed The Hell Out Of Them' update(1745ET): The Pentagon has confirmed late in the day Sunday that US forces have continues launching more strikes on Iran throughout the day, describing that the latest wave of strikes are aimed to "degrade Iran's ability to attack civilian mariners." US Central Command has been providing more frequent updates throughout the day, as the conflict intensifies. "At 5 p.m. ET today, U.S. Central Command forces began launching more strikes against Iran to continue degrading...

Iran FM Blames U.S. "Contradictions" On Stalled Peace Talks As Tehran Slaps Million-Dollar Hormuz Tax On Ships The U.S. and Iran remain stuck in preliminary talks to end the war, with the main obstacle being Tehran's demand for access to billions of dollars in frozen assets and the Trump administration's refusal to provide upfront cash or broader sanctions relief. Tehran is seeking about $12 billion upfront and $24 billion during a proposed 60-day negotiation window. "Twenty-four billion dollars is not much for America if he wants to reach an agreement with Iran,"...