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MONITARISM, SANCTIONS & TERROR FINANCING 

LOCALISM & LIVING STANDARDS

7/28/2019

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The Inescapable Tragedy of Postliberalism
by James R. Rogers
We can’t recover both economic localism and personalism to any significant degree and still maintain anything close to modern living standards. Read More »
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VENEZUELA & TURKEY:  MONEY AND OIL SANCTIONS

7/27/2019

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Treasury’s Venezuela Sanctions Target the Tip of the Turkish Iceberg
Sanctioning and Rebuilding Venezuela
To Fight Terrorists, Follow the Money  Prosecuting money launderers is the best way to stamp out terrorism and corruption.
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CHART OF US GDP BY STATES FROM 1977 TO PRESENT & THE FISCAL ROOTS OF INFLATION

7/26/2019

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New Papers
by John H. Cochrane via Grumpy Economist
I've been remiss about blogging lately while I finished two new papers, "The Fiscal Roots of Inflation," and "The Value of Government Debt." I'm posting here for those who might be interested, and I appreciate comments.
Animated chart of the day: Top 15 US states by GDP per capita, 1977–2018   
Mark J. Perry | AEIdeas
Pro-growth ideas in the age of zero-sum economics 
James Pethokoukis | AEIdeas 
Animated chart of the day: US state job growth, 1990–2019   
Mark J. Perry | AEIdeas
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THE IMF, FISCAL CONSOLIDATION & EGYPT'S DOMESTIC POLITICAL REFORMS

7/26/2019

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The IMF (Still) Cannot Quit Fiscal Consolidation…​

IMF releases final tranche of $12 billion loan to Egypt 
The International Monetary Fund (IMF) on Wednesday approved the release of the final $2 billion in a $12 billion loan package to Egypt. “Egypt has successfully completed the three-year arrangement under the Extended Fund Facility and achieved its main objectives,” IMF Acting Managing Director David Lipton said in a statement. Lipton praised the Egyptian economy’s performance, attributing it to Cairo’s fiscal reforms. In addition to floating Egypt’s currency exchange rate, the unpopular austerity measures have included cuts in electricity and fuel subsidies.  Read More  ​
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CRYPTO ROGUES AND THE BREAKING OF INTERNATIONAL ORDER

7/24/2019

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The Classicist: Thinking Strategically About Iran
interview with Victor Davis Hanson via The Classicist
Why restraint with Tehran may be the most effective position for national security hawks.
Khamenei’s New Appointment Tests White House Sanctions Policy
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Will Crypto Rogues Threaten the Geopolitical Order?

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THE IRAQI SHIA MILITIAS & SANCTIONING TURKEY BEGINS

7/20/2019

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US sanctions Iraqis tied to Iran-backed militias  
The Treasury Department on Thursday sanctioned two former provincial governors and two militia leaders in Iraq, citing human rights violations in Ninevah province, the home of a diverse Christian minority. The two militia leaders — Rayan al-Kildani and Waad Qado — both head divisions within Iraq’s Popular Mobilization Units (PMU). Kildani is leading a Christian militia within the PMU umbrella. The sanctions also target two former governors — Nawfal al-Akoub of Mosul and Ahmed al-Jubouri of Salahuddin province. Akoub fled Mosul last year after Baghdad sacked him over corruption charges following the capsizing of an overloaded ferry that killed some 100 people. Washington accuses Jubouri of working with “Iran-backed proxies that operate outside of state control.”  Read More  ​
Trump Talks Turkey Sanctions with Congress
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US SHOULD SANCTION THE PRC LEADERSHIP: UIGHURS

7/14/2019

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Why the United States should sanction the mastermind of China’s crackdown on the Uighurs
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SOUTH AMERICA, ILLICIT FINANCE & MINING

7/14/2019

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The National Liberation Army in Colombia and Venezuela: Illicit finance challenges stemming from illegal mining 
Andrés Martínez-Fernández | American Enterprise Institute
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INDIA'S FORMER CENTRAL BANKER ON THE COMMON GOOD & POLITICS AT THE FED

7/14/2019

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Decentralise & Invent New Growth Model: Raghuram Rajan
featuring Raghuram Rajan via The Time of India
Former RBI governor Raghuram Rajan and Congress’s overseas unit chief Sam Pitroda have criticized the BJP government for proposing to make a nation based on "single idea (of Hindutva) and have also called for India to move away from authoritarianism and centralized control to strengthen its democracy.

Raghuram Rajan: How Markets And The State Betray Communities
interview with Raghuram Rajan via The Wharton School of the University of Pennsylvania
Hoover Institution fellow Raghuram Rajan talks about his new book, as well as India, China, and a host of other topics.
Is politics getting to the Fed?
Robert J. Barro | Project Syndicate 
In the early 1980s, the chairman of the US Federal Reserve, Paul Volcker, was able to choke off runaway inflation because he was able to implement steep interest-rate hikes. Today, the Fed is clearly under political pressure, and it is starting to show.
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AMERICA'S FISCAL NIGHTMARE CONTINUES & ECONOMICS AND THE AFRICAN CONTINENT

7/13/2019

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JOHN B TAYLOR:  ECONOMICS ONE
Make America’s deficits great again
Desmond Lachman | The Hill 
An undisciplined budget policy at a time of economic strength limits the scope for fiscal policy support at a time of economic weakness.
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AN IDEAL CALLED AUSTERITY

7/6/2019

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MILTON EZRATI
Required Economic Reading
An important new book offers clear insights about austerity policy. 
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NEW SANCTIONS ON IRANIAN LEADERSHIP

7/4/2019

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To Fight Terrorists, Follow the Money
By Emanuele Ottolenghi, Foundation for Defense of Democracies: “Prosecuting money launderers is the best way to stamp out terrorism and corruption."
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New Hezbollah Sanctions Highlight Corruption, Role of Political Leadership in Terror Finance
New Sanctions May Deal Heavy Blow to Supreme Leader’s Business Empire
Mark Dubowitz | Chief Executive
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    Author

    An authority on Civil-Military Relations; Southwest Asian Political Economy, and Pentagon Acquisition Reform .


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    CASE FOR MONETARY REGIME CHANGE
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    THE FED & THE PROFESSOR STANDARD
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    ENOUGH WITH RENTIER ECONOMICS
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    STRUCTURAL HISTORY OF ECONOMICS
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    FOUNDATIONS OF ECONOMICS


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    FOUNDATION for ECONOMIC EDUCATION


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    SERGEY ALEKSASHENKO FORMER RUSSIAN CENTRAL BANKER

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    THE GRUMPY ECONOMIST

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    ROBERT SAMUELSON WASHINGTON POST

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    JOHN B. TAYLOR ECONOMICS ONE BLOG

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    MILTON FRIEDMAN COLLECTED WORKS HOOVER

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    ALLAN MELTZER HOOVER INSTITUTION

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    KEVIN WARSH HOOVER INSTITUTION

    KEYNES VS. HAYEK RAP

    KEYNES VS. HAYEK RAP ROUND 2

    Federal Reserve Needs New Thinking wsj pdf
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    What Uber Can Teach the Fed pdf
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    Tweets by WilliamHolland

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