Power & Market
The Myth of Good and Bad Nations
International politics is a struggle between nations with conflicting interests, not a struggle between good and evil powers.
Poor Consumer Confidence Is a Consequence of the Wrong Policies
Consumers are unhappy with the United States economy, and it makes sense.
The Vietnamization of Ukraine
As Ukraine’s defeat in the war moves closer, the neocons are desperate to draw the US further into the fight.
Excellent Talk from John Mearsheimer on the State of Israel v. the Palestinians
Last week, John Mearsheimer presented an excellent summary on what is going on in Israel since the October 7 Hamas attack.
There Are Good Reasons Why Consumer Confidence Is Low
Most people have heard about statistics or polls that report on the state of the American consumer and something called “consumer confidence,” but
Brad Delong is Totally Wrong about Inflation & Fed Policy
Economist Brad Delong believes that the US economy is in the midst of a soft landing, and that the Federal Reserve should have started cutting inte
Nuclear Option Has Foreign Central Banks Dodging the Dollar and Going for Gold
“When Russia was cut off from SWIFT in 2022, that was just seen as this like watershed move, the sort of finance equivalent of a nuclear option.”
The U.S. Defeat in Vietnam Changed Nothing
April 30 was the anniversary date when North Vietnamese forces forced U.S. officials to exit Vietnam, much to their chagrin.
Both of Biden’s Key Economic Advisers get Basic Econ Wrong
The Secretary of the Treasury and the Chair of the Council of Economic Advisers are the two principal economic advisors for any president.