Links 11/23/2025

The Trump administration is moving to create what is being described as a strategic stockpile for rare earths and other...

The letter I  received from Trump, dated January 15th, discusses foreign policy, not domestic economics. It also says thank you...

Escalation talk surrounding a potential U.S. bombing campaign against Iran rests on a familiar premise: that sufficient military bombardment can...

Yves here. The fact presented in the headline is bad enough, but the potential expenditures, even more so, since it...

We have been here before – the Fed monetizing a productivity surge. There are two important differences this time, though,...

Labor divided into the production of different goods or even into various tasks involved in the production of a single...