Relevant and even prescient commentary on news, politics and the economy.

Why Did Trump Initially Support The Saudi-UAE Effort To Overthrow Qatar’s Government?

Why Did Trump Initially Support The Saudi-UAE Effort To Overthrow Qatar’s Government?  One of the more curious things in 2017 in the first year of the Trump presidency was how when Saudi Arabia and the United Arab Emirates (UAE) placed a boycott on Qatar and more directly attempted to overthrow the government of Qatar, President […]

The Vaccination/Infection/Political Divergence Where I Am

The Vaccination/Infection/Political Divergence Where I Am  In Virginia, cities and counties are separate, not one containing the other as in most of the US. So I live in the City of Harrisonburg, population about 53,000, which is surrounded by Rockingham County, population about 82,000, both in the Shenandoah Valley about 120 miles southwest of Washington. […]

Bad News About Iran And Nuclear Deal

Bad News About Iran And Nuclear Deal  In yesterday’s Washington Post it was reported that there will be no further negotiations between the US and Iran (and other parties) in Vienna over the US and Iran rejoining the JCPOA nuclear agreement that Iran had been adhering to when Donald Trump withdrew the US from it […]

Almost Record Heat In Death Valley

Almost Record Heat In Death Valley  My niece, Erica Werner, is a reporter for the Washington Post.  She long covered heated debates in Congress over economic policy, getting on the front page a lot as during the passing of the Covid relief bill earlier this year. But then she moved to South Pasadena, CA a […]

On The Centennial Of The Chinese Communist Party

On The Centennial Of The Chinese Communist Party, EconoSpeak, Barkley Rosser July 1, 2021 is now over in China but for a few more moments it is still the centennial of the CCP where I am.  Just a couple of observations.  This is partly driven by seeing multiple posts on Econbrowser by “ltr” praising the […]

RIP Steve Horwitz

RIP Steve Horwitz Steven G. Horwitz died the day before yesterday of lymphoma at age 57.  Probably most reading this do not know who he was, but he was somebody I knew quite well, even as I disagreed with him quite a lot about economics. He was arguably the leading monetary economist out of the […]

Will Tether Bring All The Cryptocurrencies Way Down?

Will Tether Bring All The Cryptocurrencies Way Down?  I do not know, but there is a fairly serious argument now out there that this could happen.  It is made by Gennaro at hackermoon.com/tether-and-the-great-crypto-ice-age-115h329k , picked up on by Tyler Cowen on Marginal Revolution without comment. Among those Gennaro cites at least partly supporting his argument […]

Bottom Line On The Biden-Putin Summit

Bottom Line On The Biden-Putin Summit  According to Robyn Dixon of the Washington Post on 6/18/21 regarding the outcome of the Buden-Putin summit in Geneva, I shall simply quote directly from what looks to be the bottom line from Putin himself: Despite a packed European tour schedule, Biden “looked fresh” and was “fully aware of […]