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Daily Archives: April 15, 2018
How To Screw Putin & Live
The White House finally got around to sanctioning Putin’s friends. Let’s remember why this matters. The Russians have demonstrated a profound serial weakness in assassinating a former double agent in Salisbury, England with a nerve agent whose dosage was so … Continue reading
Taming Bond Market Vigilantes
The U.S. Federal Reserve has tamed bond vigilantes. Because prices move inversely to bond yields, historically, active investors reacted to adverse monetary or fiscal policies by dumping bonds that consequently raise yields. Because the FED was the only game in … Continue reading
Posted in Macro-economics, Macroeconomics, Uncategorized
Tagged Entitlements, fiscal crisis, Reagan
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Orban & Central European Response To Militant Secularism
Viktor Orban has won another victorious election and fears of a growing fascist menace in Eastern & Central Europe remain unfounded. Let’s examine. Why is militant secularism characterized as benevolent? What can’t Brussels anticipate the impact of this militancy upon … Continue reading
Posted in Europe, Uncategorized
Tagged Brussels, Fidesz, Hungary, Jabbik, Poland, Viktor Orban
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Macron: Parisian Thatcher
The pace of Macron’s willingness to confront railways and pension reform evidences other Thatcherite achievements of liberalizing French labor markets, rescinding wealth taxes while implementing a flat tax on financial income. Now he’s on to confronting defiant jobs-for-life for new … Continue reading
Good Riddance Castro: How Cuban Church-State Relations Needs Tocqueville
It shouldn’t surprise anyone familiar with the nature and origins of political regimes to acknowledge Latin America’s susceptibility to the corrosive social, political effects of republicanism. Ideas matter, but functioning institutions matter more. The Caribbean, Central and South American regimes … Continue reading
Posted in Alex Tocqueville, Uncategorized
Tagged Castro, JPII, Miguel Diaz-Canel, Pope John Paul II, Tocqueville
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