If the government restricts supply and subsidizes demand, out-of-control prices, resource shortages, and unpleasant ad hoc coping restrictions will follow. That is the natural (economic) law. The government cannot repeal it. But it can stop its attempt to plan.
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John and I continue to read and comment on Rules for Radicals
The graphic above illustrates the RN during WWII. The Royal Navy today by the numbers: Carriers: 2 Available: none (a littoral ship that has no blue water capability) Frigates: 7. Available: 3 Destroyers: 6. Available: 1 - HMS Dragon (broken). Naval Manpower...
“We’re winning” is easy to post. It’s much harder to define when the missiles keep flying, the Strait of Hormuz becomes a choke point, and the only clear destination seems to be a negotiation table. We sit down with Chief Fritz, a former Command Chief Master Sergeant,...
