Peter's Blog

While Israeli troops prepare for a possible ground invasion into Lebanon, the U.S. and its allies are scrambling to patch together a temporary ceasefire that could postpone the worst of the conflict.

There’s “no harm” in talking with the West, Iran’s supreme leader said in a recent speech, sparking hopes among some of the country’s adversaries that a nuclear treaty could be on the horizon.

Imagine a world where you need government permission to braid hair, paint walls, or even arrange flowers. This isn’t a dystopian novel—it’s the reality for millions of American workers trapped by excessive occupational licensing laws.

While the Federal Reserve’s inflationary policies are publicized as protecting the American people, they are causing the American dream of homeownership to slip away. By raising the federal funds rate to combat their self-inflicted inflation, the Fed has driven up mortgage costs, making it harder for aspiring homeowners to secure a place in the housing […]

When unemployment and inflation cause skyrocketing incentives for thieves to steal industrial metals like copper, criminals rush for some of the biggest sources: critical infrastructure. That includes cell towers, water pipes, street lights, and rail lines. These copper heists threaten transportation, communication, municipal services, urban safety, and other essentials of modern life. 

While the total annihilation of the Francis Scott Key Bridge in Baltimore probably isn’t a “Black Swan” big enough to trigger a global collapse, it adds potent fuel to several fires in an already fragile global economy.