The Public Goods Circular Argument

How Gas Prices Compare Around The World The war in Iran has driven up oil prices in many countries, with gasoline prices turning into a topic of discussion around the world. The increases have been particularly pronounced in emerging markets, with gasoline prices jumping by more than 50 percent in the Philippines and nearly as much in Nigeria (around 49 percent), with diesel rising even more steeply. Advanced economies have also seen notable increases, with gasoline prices climbing by roughly 25 to 30 percent in the United States and Canada over the period, and diesel prices...

When The Persian Gulf Supply Shock Meets The Warsh Fed: Stagflation & The Coming AI Bubble Bust Authored by David Stockman via InternationalMan.com, Here is a salient place to start regarding the economic impact of the Donald’s misbegotten war on Iran: To wit, approximately 7 billion ton-miles of freight moves by truck each and every day in the USA, which heavy truck fleet consumes upwards of 2.9 million barrels per day (mb/d) of diesel fuel. Alas, the price of diesel fuel was about $3.55/gallon both a year ago and as of early...

While Israel has been issuing more and more evacuation orders against various locations in Lebanon, that hasn’t stopped them from attacking targets well outside of those locations. Today, central Beirut’s residential district is in their sights, even though no evacuation order was issued before the strikes began. Other deadly strikes were reported in the Baalbek […]