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

Iran’s Foreign Minister Is Out

Iran’s Foreign Minister Is Out This looks like bad news.  Iran’s foreign minister, Javad Zarif, hass resigned.  Apparently he has previously tried to resign several times, but President Rouhani refused to accept it.  This time Zarif did it very publicly on Instagram, ah, the uses of social media.  Anyway, apparently there is a chance he […]

Netanyahu Sinking

Netanyahu Sinking While the wise and up-to-date observers declare the two-state solution between Israel and Palestine to be deader than dead, I continue to think that morally it is the best solution for this deeply difficult problem. However, one leading force in sending this solution into the grave is Binyamin Netanyahu, Israel’s prime minister, who […]

Who Is Really A Socialist?

Who Is Really A Socialist? Here are some varieties of “socialism:” command socialism, market socialism, socialist market economy, social democracy, democratic socialism, right wing socialism, utopian socialism, corporate socialism, just plain vanilla socialism. Here are some people who have claimed to be socialist, some of them selecting one or another of these types, but some […]

The Usual Suspect Bashes Social Security

It Is Monday And Usual Suspect Bashes Social Security  That would be Robert J. Samuelson at the Washington Post, and, yes, he has done it yet again, actually for the first time in a while.  Dean Baker has already done a good job of cutting him up over on CEPR, but I can’t help piling […]

Will INSTEX Replace SWIFT Bank Exchange?

Will INSTEX Replace SWIFT Bank Exchange? Probably not, but reportedly a “White House insider” is afraid it might. Instex is the new exchange created by UK, France, and Germany, to be based i Paris and run by a German banker, to get around US sanctions against Iran.  Apparently it will sell Iran humaanitarian goods such […]

I Support Virginia Governor, Ralph Northam

I Support Virginia Governor, Ralph Northam Current media is denouncing VA Gov Ralph Northam with many demanding he resign now over an unfortunate incident in his youth. I note that that the final crucial person who gave us Obamacare was the late Robert C. Byrd of West Virginia. He was in his youth a member […]

Robert H. Nelson Dies: Religion And Economics

Robert H. Nelson Dies: Religion And Economics Robert H. Nelson of the University of Maryland Public Policy Department died at age 74 on Dec. 15 while attending a conference in Helsinki, Finland.  He was the leading economist writing about the relationship between religion and economics, notably in three books: Reaching for Heaven on Earth: The Theological […]