U.S. can ‘certainly’ afford military support to both Israel and Ukraine, Janet Yellen says
Janet Yellen, United States Secretary of Treasury, participates in global infrastructure and investment forum in New York, Thursday, Sept. 21, 2023. Pool | Via Reuters U.S. Treasury Secretary Janet Yellen said the country can “absolutely” afford to financially support both Israel and Ukraine in their respective war efforts. President Joe Biden in a post on […]
Bookstore Protectionism | AIER
A quarter century ago, the American Booksellers Association (ABA), representing independent bookstores’ diminishing ranks, sued large book chains Barnes & Noble and Borders. The suit claimed that the large-volume discounts they received from publishers was illegal price discrimination, “where the effect of such discrimination may be to substantially lessen competition or tend to create a […]
It’s Only a War Crime When Russia Does It
The people stuck in Gaza will suffer. Israel and Hamas are using the Palestinian people as bargaining chips. Energy Minister Israel Katz said that there will be no humanitarian aid to Gaza until Hamas releases the Israeli hostages. “No electrical switch will be turned on, no water hydrant will be opened and no fuel truck […]
China’s banks may be loaded up with hidden bad loans
When jinzhou bank, in north-eastern China, showed signs of distress at the start of the year, state media suggested that a billionaire named Li Hejun might be behind its problems. Mr Li, a solar-panel tycoon, was once China’s richest man. His firm was known to have tight links to the bank. And it was not […]
Hard Choices & the Conservative Mind
A brief essay on The Thoughts of Blaise Pascal Blaise Pascal plumbs the depths of the human condition and establishes the logic of conservatism by examining hard choices in high-stakes situations. Pascal expresses his insights in brilliant pensées—fireworks of thought. Let me focus on Pascal’s thoughts about two kinds of hard choices: (a) Who shall […]
