From 2007 to 2009, a surge of 20,000 troops under the generalship of David Petraeus saved a mostly lost war in Iraq...By 2009, Afghanistan was spiraling out of control and seemed in need of a similar troop surge...Why hasn't the surge worked as well as it did in Iraq...?
The corrosive effect of the repression of one in four adults, most innocent of any real crime, can in no way be compensated for by the so-called economic achievements of the Stalin rule...
DIY economics is clearly expressed in responses to yesterday's autumn statement by the Chancellor. I'm going to comment on just one aspect: the length of causal chains...
As repugnant as Nixon’s malfeasance was, the Watergate and Hoffa scandals didn’t cost the taxpayers anything (at least, until the investigations and prosecutions began). That can’t be said for Obama...
Our failure of imagination that has reduced events in the Middle East to our own historical paradigms and ideals continues to compromise our foreign policy in that region, and endanger our national interests...
with Allan H. Meltzervia Surveillance Midday (Bloomberg Television)
Wednesday, November 30, 2011
Allan Meltzer, a professor at Carnegie Mellon University, talks about the decision by the Federal Reserve and five other central banks to cut the cost of emergency dollar funding for European banks in response to the region's sovereign-debt crisis...