The substitution of economic and moral principles by emotional imperatives does not represent a technical failure, but a profound philosophical divergence about human nature and the function of the state.
The current war is a timely reminder that the US ruling elites regard the US taxpayers and ordinary Americans as little more than inconvenient afterthoughts in US foreign policy.
Into the heart of the peasant and nomadic Arab world of the Middle East there came, on the backs and on the bayonets of British imperialism, a largely European colonizing people.
Are we emphasizing “the negative”? In a sense, yes, but what else are we to stress when our values, our principles, our very being are under attack from a relentless foe?
"While the president boasts... military leaders are sounding the alarm behind the scenes about U.S. air defense stockpiles running out if the fighting goes on" for several weeks.
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Underlying the Connection Between Aristotelian Ethics...
While Aristotle did not have advanced knowledge of economics, his causal-based view of reality set the stage for the development of the Austrian School.
"Analysts have warned that prices could top $100 a barrel if oil trade is disrupted for a prolonged period of time, or if the war spills over into neighboring countries."
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Pentagon Tells Congress No Sign That Iran Was Going...
"Trump administration officials acknowledged in closed-door briefings with congressional staff on Sunday that there was no intelligence suggesting Iran planned to attack U.S. forces."
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Kuwait ‘mistakenly’ shoots down 3 US F-15s: Pentagon
Kuwait “mistakenly” shot down three U.S. F-15 fighter jets on Sunday after strikes were launched against Iran one day earlier, according to U.S. Central Command (Centcom).
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The Shape of the Yield Curve and Economic Activity
The yield curve is not easily understood, but it is important in giving us a good look at what is happening in the economy. Not surprisingly, Austrian economists are way ahead of the others in explaining the how and why of the curve.
"Saturday’s attack on Iran was posed as a decapitation strike; it also decapitated several dozen schoolgirls in southern Iran within the first few hours..."