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In the 1973 Oil Crisis, oil prices tripled. But, they never went back down, and instead headed higher afterwards. This was because the value of the dollar had fallen dramatically.
Low Fed interest rates as a driver of economic growth, inflation, or both is thoroughgoing Keynesian nonsense.
A key case could deal a decisive blow to the junk science that has plagued our courts.
The Guam kingfisher was extinct in the wild. Through coordinated breeding, cultural consultation, and careful reintroduction scientists created a path toward restoration.
A new international refugee crisis may emerge from the Iran war. The humanitarian consequences of the Iran war will likely be felt throughout the Middle East—and beyond.
An overlooked danger of the Iran war is the Federal Reserve's reaction.
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