The US military staged a show of force this week on its Pacific island territory of Guam with the clear aim of threatening China. Billions of dollars’ worth of US warplanes were paraded on the tarmac of Guam’s Andersen Air Force Base Monday in what is known as an “elephant walk,” a term used during…
“The fact is that the government, like a highwayman, says to a man: Your money, or your life. And many, if not most, taxes are paid under the compulsion of that threat. The government does not, indeed, waylay a man in a lonely place, spring upon him from the road side, and, holding a pistol…
Across the Middle East, the coronavirus is stirring up both upheavals and more subtle changes from Tel Aviv to Riyadh, little reported and when covered little understood in the Western media. In Israel, the virus has enabled that master political magician Prime Minister Benjamin Netanyahu to pull off yet another spectacular escape as improbable as…
Dramatic political and social decisions are being made across the United States and around the world on what emergency quarantine measures and other steps must be taken. In many cases the radical and severe measures, such as shutting down the world economy, are being justified by COVID-19 case projections of morbidity into the future. If…
Higher education’s sudden shift from in-classroom to virtual instruction as a result of the anti-COVID containment measures implemented throughout the course of World War C looks likely to eventually topple the Ivory Tower of elitist learning, leading to profound changes that could liberate the American masses from the unbearable burden of falling into massive debt…
Nobody, anywhere, could have predicted what we are now witnessing: in a matter of only a few weeks the accumulated collapse of global supply chains, aggregate demand, consumption, investment, exports, mobility. Nobody is betting on an L-shaped recovery anymore – not to mention a V-shaped one. Any projection of global gross domestic product (GDP) in…
