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MONITARISM, SANCTIONS & TERROR FINANCING 

MODI GETS REAL ON INDIA'S ECONOMY; EXAMINING INDIA'S MILITARY REFORM & EXAMINING THE ENGINES OF PROGRESS

8/28/2019

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ASIA TIMES
Raghuram Rajan: Economic Downturn Pushed Country Back 15 Years
quoting Raghuram Rajan via The Connect News
Raghuram Rajan, the former Reserve Bank Governor has described the slowdown in the economy is happening after a long time. 
ASIA TIMES
ASIA TIMES:  INDIA'S STOCK MARKET
Modi Gets Real on the Economy
Mihir Sharma, Bloomberg
What Are the Engines of Progress?
by Helen Dale
Helen Dale reviews two new books that investigate the explosion of economic growth and what constitutes it. Read More »
Time to give up on India (economically)? 
Derek Scissors | AEIdeas
INDIA'S MILITARY REFORM
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EXAMINING THE FED'S STRUCTURE, HOW TO WRITE LIKE AN ECONOMIST & A LOOK AT MAO'S GREAT FAMINE AS AN ECONOMIST

8/28/2019

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The Fed's Decentralized System And The Spread Of Economic Ideas
quoting Michael D. Bordo via Wall Street Window
When it comes to monetary policy, the popular commentary discusses the Federal Reserve System as a monolithic interest rate machine, raising and lowering rates to stabilize (or destabilize) the macroeconomy. More observant Fed watchers think of its big players, recognizing conflict among the voting members of the Federal Open Market Committee (FOMC). In that framing, monetary policy comes down to a battle between hawks and doves.
Federal Reserve Structure, Economic Ideas, And Monetary And Financial Policy
by Michael D. Bordo, Edward Prescott via The National Bureau Of Economic Research
The decentralized structure of the Federal Reserve System is evaluated as a mechanism for generating and processing new ideas on monetary and financial policy.
On Targeting The Price Of Gold
quoting Thomas J. Sargent via CATO
Thanks to President’s Trump’s picks for prospective Fed Board nominees, the subject of gold price targeting (or a gold “price rule”) is getting attention once again.
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How The Aspiring Can Learn To Write Like Economists
featuring John H. Cochrane via Real Clear Markets
Greg Mankiw’s credentials are impeccable: Former Chairman of the Harvard Economics Department and the President’s Council of Economic Advisers. What’s even more impressive is his writing.
Mao's Great Famine
featuring Frank Dikötter via New Books Network
In the years he ruled the People’s Republic of China, Mao Zedong presided over the greatest mass murder in human history, both in his elimination of millions of perceived political enemies and also in the starving of tens of millions in callously engineered mass famine.
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RUSSIANS BOMBING SYRIA AGAIN?

8/25/2019

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HEZBOLLAH IS OUT OF MONEY

8/25/2019

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http://www.naharnet.com/stories/en/263800-hariri-un-us-will-participate-in-negotiations-on-maritime-borders
●   https://www.israelhayom.com/2019/08/20/taking-cue-from-hamas-hezbollah-brings-arson-terror-to-northern-border/
●     https://www.thenational.ae/business/economy/lebanon-debt-downgrade-market-discipline-or-voluntary-reforms-1.901289
●     https://www.fdd.org/analysis/2019/08/20/paraguay-designates-hezbollah-as-a-terrorist-organization/
https://www.fdd.org/analysis/2019/08/19/politics-vs-protocol/
●      https://www.fdd.org/wp-content/uploads/2019/08/fdd-report-politics-vs-protocol-irans-nuclear-archive-and-the-iaeas-responsibilities.pdf
●      https://www.reuters.com/article/us-mideast-iran-tanker-greece/u-s-will-act-if-iranian-tanker-tries-to-deliver-oil-to-syria-pompeo-idUSKCN1VA104?feedType=RSS&feedName=worldNews
●      https://www.jpost.com/Middle-East/New-IAEA-chief-candidates-could-be-in-conflict-with-US-Israel-on-Tehran-596489
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MILTON FRIEDMAN ON ECONOMIC PROGRESS

8/22/2019

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Milton Friedman On What Drives Economic Progress
featuring Milton Friedman via Wall Street Journal
In this animation from a “Friedman Fundamentals” video series by PolicyEd and the Hoover Institution, Milton Friedman demonstrates how the great achievements from civilization have come from individuals pursuing their separate interests, not government.
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ECONOMISTS & INNOVATION

8/10/2019

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The Reader's Guide To Optimal Monetary Policy 
by John H. Cochrane via Grumpy Economist
The Reader's Guide to Optimal Monetary Policy is a snazzy new website created by Anthony Diercks and Cole Langlois at the Federal Reserve Board.  
The best economic policies for innovation, as ranked by economists 
James Pethokoukis | AEIdeas 
When the last Soviet leader learned a lesson in economics
James Pethokoukis | AEIdeas 
One of the big themes in "Gorbachev: His Life and Times" by William Taubman is an exploration of how the Soviet system ever produced someone like Mikhail Gorbachev.

The First World War Economy & the Rise of American Power
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JFK AND THE REAGAN REVOLUTION

8/3/2019

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On Writing, Economics, and Writing About Economics
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HOW THE FED COURTS DISASTER & JOHN TAYLOR LAYS OUT A NEW RADICAL APPROACH FOR THE FED

8/3/2019

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The Fed Is Courting Disaster by Leaving Interest Rates Too Low
Nicole Gelinas, New York Post

This week, the Federal Reserve likely will vote to cut interest rates — when it should be raising them. If the economy is so dependent on low interest rates that a near-record-low rate of 2.4 percent isn’t low enough, there is something wrong with the economy, and piling on more cheap debt will make the crash that much harder. Since the financial crisis of more than a decade ago, America and the world have gotten dangerously addicted to debt. The Fed has fed the addiction. Read more here....
In Defense of Hometowns
A Federal Reserve report warns about Americans’ declining mobility—but should remaining committed to one’s community be regarded as a fault?
4 big myths of monetary policy are spooking markets 
Ramesh Ponnuru | Bloomberg Opinion 
The Fed Needs A Radical New Approach
mentioning John B. Taylor via Bloomberg
It should change not only the way it makes policy but also the way it talks about it.
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IRAN'S IRGC SEEKS TO OUTCOMPETE US SANCTIONS

8/3/2019

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Key Takeaway: The Islamic Revolutionary Guards Corps (IRGC) is expanding its economic influence and role in the Iranian regime’s effort to mitigate US sanctions, possibly seeking to outcompete the Rouhani administration.
READ here.
Iran-Backed Militias Are In Iraq to Stay  Prime Minister Mahdi is trying to bring the Popular Mobilization Forces under control of the government, but even he probably knows it won’t work.
Iran's Resistance Needs A Light Touch, Not 'Maximum Pressure'
quoting Abbas Milani via Bloomberg
Trump could help the democracy movement while hurting the regime. Opposing the Iranian regime doesn't have to mean sanctioning its banks and oil.
Just ask Abbas Milani. The director of Stanford University’s Iran studies program cannot be called a squish when it comes to Iran; he has devoted much of his scholarship to the regime’s struggle against modernity and to understanding the country’s democracy movement.

US should sanction Iran's incendiary kingmaker
(The Hill) Meet Ayatollah Ahmad Jannati, 92, who heads two powerful committees responsible for appointing Iran’s supreme leader, vetting candidates for key elected offices, and screening legislation passed by Iran’s parliament — all to ensure fidelity to the regime’s theocratic constitution and Islamist creed.
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    KEYNES VS. HAYEK RAP

    KEYNES VS. HAYEK RAP ROUND 2

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    What Uber Can Teach the Fed pdf
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