Rational foreign policy for any country can be defined as policy based on advancing the short-term as well as the long-term interests of that country and reconciling this with the most essential concerns of the world for peace and protecting the life-nurturing conditions of planet. There can be wide consensus …

Austrian economics properly understands the ability of commercial banks to create money by mismatching their depositor liabilities with their issuing of money substitutes (i.e., the creation of credit). One possible place for further exploration is the role that nonbank or foreign financial institutions play in the creation of credit and …

There has been a notable escalation in maritime tensions between Iran and the United States in the vicinity of Iran’s southern coastlines. In recent years, the Persian Gulf and the Strait of Hormuz have been the sites of several incidents involving attacks on tankers. These occurrences have often taken place …