Daily Archives: August 1, 2014

Russia: Why Worry?

Vladimir Putin’s first major expression for power politics was to lay waste to the Georgian city of Grozny.  Next he criminalized its domestic political economy by jailing all domestic opponents beginning with Andrey Vyshinsky.  He then proceeded to blow-up its … Continue reading

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The House Hits Yellen: FRAT & Taylor Rule

The Federal Reserve Accountability and Transparency Act (F.R.A.T.) is a bill in the House of Representatives that seeks to have the Federal Reserve pursue its policy objectives using a formula advocated by Milton Friedman some 50 years ago.  Although Dr. … Continue reading

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Hamas & the Kerry Debacle

Why did Hamas launch rockets? Because it sought to end its isolation. Geographically, Egypt’s al-Sisi closed down its east/west corridor to Gaza, leaving only the Gulf of Arden as a the sole viable transport for any Shia, Iranian proxy in … Continue reading

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