Tuesday, March 17, 2026

Coffee Break: Armed Madhouse – Distributed Deterrence

Military superiority has long been assumed to confer decisive strategic advantage. Yet the spread of precision missiles, mobile launch systems, and low-cost drones is eroding that assumption. A new condition of “distributed deterrence” is emerging—one that may constrain great power coercion while introducing new risks of escalation.

Why Insect Farming Startups Are Going Bankrupt

To the frustration of Davos Man, insect agriculture has found it difficult to compete with the traditional meat industry.

Links 3/17/2026

Iran War: No Uptake to Trump Plea for Help With Opening Strait of Hormuz; Israel Claims Assassination of Iran Security Chief; Iran Clarifies That Friendly Countries Can Transit, Strikes UAE Terminal at Fajarah, Trump Delays Xi Summit

Today’s Iran war update: Trump embarrassment, more Israel decapitation, Iran continues working over Israel, US airbases, and the Gulf States.

Palantir Faces Growing Backlash in UK Following Mandelson-gate Scandal

But is it already too late to reverse course?

Causal Evidence on Cost-of-Living Shocks: How the Energy Crisis Affected Energy Demand, Labour Supply, and Financial Strain

Quelle surprise! Poorer households have to make across-the-board spending cuts when hit with a price shock.

Coffee Break: AIPAC, Crypto, Gambling, AI Money Coalitions Up The Dark Money Game in Dem Primaries

With Israel’s popularity nosediving among Democrats, AIPAC is having to up its dark money game to impact primaries, often in concert with AI and crypto interests.

Economic Questions: The Thorstein Veblen Question

A timely recap of Thorstein Veblen’s theory of conspicuous consumption and its implication.

Links 3/16/2026

Iran War: Trump Administration Attempts to Deny Long Conflict Risk; Trump Threatens NATO Over Hormuz Scheme; Kinetic and Economic Situation More Desperate Than Acknowledged

The latest Iran war update: Trump harangues allies as his team offers hopium despite more evidence of kinetic and real economy damage.

With Shipping Industry in Meltdown, Struggle to Oust China from Global Ports Intensifies

Panama “retakes” canal, and Blackrock-led consortium doubles down on efforts to acquire dozens of global ports from Hong Kong-based company, including ones in Persian Gulf and Red Sea. 

‘Serious Threat to the First Amendment’ as Trump Admin Wins First Antifa Terror Charge

“A case like this helps the government kind of see how far they can go in criminalizing constitutionally protected protest,” one legal advocate said.

Links 3/15/2026

Iran War: US Being Driven From Iraq, Tells Americans to Leave; Iran Keeps Pounding Israel, Gulf States; Trump Calls on Other Countries Including China to Send Warships, Effectively Threatens to Use Nukes; FCC Threatens to Pull Broadcast Licenses Over War Reporting

Today’s Iran war news: Denialism, US pursuit of Strait of Hormuz convoy scheme, Israel pounded, Netanyahu questions, FCC threat

The Sunday Morning Movie Presents: Salt For Svanetia (1930) Run Time: 49M

Salt for Sventia is a film about toil and hardship in a remote village in Soviet Russia.