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

Services Sector Contraction In March Screams Q1 Stagflation Following S&P Global's Manufacturing PMI's better than expected print higher (signaling resilience in the face of March's war in Iran), the data released this morning showed the US Services Sector experienced a contraction of activity at the end of the first quarter of 2026. The headline S&P Global US Services PMI Business Activity Index recorded 49.8 in March, down from February’s 51.7 and lower than the earlier ‘flash’ estimate of 51.1. It was the first decline recorded in over three years amid the weakest...

Maryland's Glock Ban Aims At The Gun, Not The Criminal Authored by David Manney via PJ Media, Maryland Gov. Wes Moore signed SB 334 into law Tuesday, putting the state on a collision course with gun owners, firearm dealers, and 2nd Amendment groups. The law targets "machine gun convertible pistols," mainly Glock-style semiauto handguns that use a cruciform trigger bar. Maryland lawmakers argue criminals can convert those firearms into fully auto with illegal devices called Glock switches. The question remains: Why is Maryland banning future sales of common handguns because criminals already break...

Saylor's Strategy Scoops Up Another $2B Bitcoin, Holdings Reach 843,738 BTC Authored by Helen Partz via CoinTelegraph.com, Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, made another massive BTC acquisition last week as the crypto asset hovered around $80,000. Strategy acquired 24,869 Bitcoin (BTC) for $2.01 billion between May 11 and 17, according Monday's 8-K filing with the US Securities and Exchange Commission. Source: SEC The purchases were made at an average price of $80,985 per BTC, raising Strategy’s cost basis to $75,700. The company now holds 843,738 BTC, acquired for about $63.87 billion. At the...