A River In Egypt

'Cautious Optimism' Amid Stalemated Pakistan Talks, Even As Iran FM Insists No Meeting Planned With US Side Summary Iran denies that FM Abbas Araghchi's trip to Pakistan will include new talks with US, rejecting reports that Trump is sent his negotiating team to restart negotiations. 24/7 shuttle diplomacy (via Al Jazeera): There’' been shuttle diplomacy, and as one diplomat said, it's been relentless diplomacy that has been put forward by Pakistan from all sides. Iran's military says finger on the trigger: "greater power & readiness than before." Pakistani mediators are "cautiously optimistic" despite it being clear...

Spotting Market Bubbles: Why History Says It's Nearly Impossible Authored by Lance Roberts via RealInvestmentAdvice.com, If you knew you were standing inside a stock market bubble, you wouldn’t be standing in it for long. You’d sell. So would I, and so would everyone reading this. And if spotting market bubbles was something everyone could do in real time, the bubble couldn’t form in the first place. That paradox is why spotting market bubbles is one of the hardest jobs in finance, and why bubbles look painfully obvious only after the fact. Market...

Economists like Harold Demsetz and Ronald Coase based their property rights views on utilitarianism. Murray Rothbard based his on justice.