Sunday Reads…

a tale of landmines and landscapes…

find someone who has looked at more sh*% than this guy and i’ll [fill in the blank]

Political Economy

A perspective on the financial crisis – Rajiv Sethi reviews Sheila Bair’s Bull by the Horns… “The crisis offers us an opportunity to think about the flaws in our economic and political system and how some of these might be fixed. It also suggests interesting directions in which economic theorizing could be advanced. The book helps with both efforts, and it would be a pity if these substantive contributions were drowned out in a debate over conversations and personalities.”

Time to update the textbook? “In part because of the advent of all this unconventional monetary policy, foreign-exchange markets have been changing the way they think and operate. In economic textbooks currency movements counter the differences in nominal interest rates between countries so that investors get the same returns on similarly safe assets whatever the currency. But experience over the past 30 years has shown that this is not reliably the case.”

Pace George Osborne, Mariana Mazzucato makes a well argued case for an active, “public” role in promoting innovation & long-term economic growth… Equally important in highlighting the limitations of more simplistic arguments for stimulus…

Middle East

A primer on the international dimensions of the Syrian uprising/civil war…

Fuelling the fire in Bahrain… “The punishment of peaceful activists is making [the] opposition more radical. Some activists share jokes about the police, tweeting photos of broken-down doors and battered bodies with hashtags such as #bahrainstylereforms. Others swap recipes for Molotov cocktails, as protests evolve from peaceful calls for human rights and a proper parliament to angrier demands for the police to be bashed back, the closure of the American naval base and the end of the monarchy.”

Palestine, apartheid and the Jewish National Fund (JNF)… “It is not a public body that works for the benefit of all its citizens of the state. The loyalty of the JNF is given to the Jewish people and only to them is the JNF obligated. The JNF, as the owner of JNF land, does not have a duty to practice equality to all citizens of the state.” (quoted from statement by the…. wait for it… JNF)

A response to CNN’s magnificent “was the Arab Spring really worth it” header….


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