was arguably the most influential economist of the second half of the 20th century, associated with promoting ‘neo-liberal’, free-market, shareholder capitalism
Friedman’s monetarist economics is now widely considered irrelevant, if not wrong, especially with the low inflation associated with ‘unconventional’ monetary policies following the 2008-2009 global financial crisis.
Justice Ruth Bader Ginsburg’s death
has generated an outpouring of grief around the globe. Part of this grief reflects her unparalleled status as a feminist icon and pioneer for women in the legal profession and beyond.
With many in the world experiencing declining living standards, there has been growing frustration. Many hope that progressive taxation will improve things. While some economies once had progressive tax systems, recent decades have seen regression.
When INTERPOL is asked to intervene against targeted killing.
Last June, news broke that Iran had issued an arrest warrant and asked INTERPOL for help in detaining US President Donald Trump and dozens of others it believed had carried out the drone strike that killed a top Iranian general in Baghdad.1
INTERPOL denied this request,2
stating that it “would not consider requests of this nature” because “it is strictly forbidden for the Organisation to undertake any intervention or activities of a political, military, religious or racial character.”3
The US residential polls are akin to a drama that is staged every four years in which the American are actors on stage and the rest of the world is the audience. With one major difference, however. While in a usual theatrical performance the viewers are there mostly for amusement, though some may be enlightened and enriched by the experience, in the case of the US elections, unlike in others, their fates are inextricably linked to the outcome of the play. This is not predetermined by any playwright, though it can often be predicted. It is not implausible therefore for some on-lookers to want to intervene in what’s happening onstage. It must be done discreetly, and with great circumspection. Take for instance, the Russians in the American elections in 2016. The Russians and President Donald Trump hotly dispute allegations of any such interference.
The presidents of the Americas, beyond their ideological differences, seem to agree in questioning the role of journalists and the media in the coverage of the COVID-19 pandemic. On the other hand, human rights organizations remind us of the fundamental role of information, especially in times of crisis and uncertainty like the one we are experiencing in this 2020.
Why, in the United States, where change is the most pronounced hallmark, do some aspects never change? Why do many bad habits resist giving way to novelties that prove to be the basis of the success of the most developed country on earth and still the leading power? Why is the explanation for that leadership due to a few factors? Why does Trump profess a visceral opposition to immigration, knowing that it is the key to the country's success? Because millions of his compatriots interpret the sinew of American DNA as a threat to their comparative social advantage.
After accusing the World Health Organization (WHO) of pro-China bias, President Donald Trump announced US withdrawal
from the UN agency. Although the US created the UN system for the post-Second World War new international order, Washington has often had to struggle in recent decades to ensure that it continues to serve changing US interests.
On Friday the 24th of June, President Trump announced he was skipping a weekend at his New Jersey golf resort to ”ensure law and order in Washington”, tweeting:
I just had the privilege of signing a very strong Executive Order protecting American Monuments, Memorials, and Statues – and combatting recent Criminal Violence. Long prison terms for these lawless acts against our Great Country!
"As we were saying yesterday." When, after an abnormal interruption of the school calendar, as happened recently with the extension of spring break (which does not coincide with "Easter"), I return to teach a class surprising my students with this phrase: "as we were saying yesterday. "
In his early February annual State of the Union address
, US President Donald Trump typically hailed his own policies for increasing wages and jobs to achieve record low US unemployment. Directly appealing to labour for a second term, Trump claimed exclusive credit for the US “blue-collar boom”.
President Donald Trump has got himself a wall. But it is not the one of his choosing, as one on the Mexican border. It is on Pennsylvania Avenue, Washington DC, a high fence that now separates him from his people. But as polls for him keep dipping, and the prognosis for a victory in the upcoming November elections keep worsening, a prediction from an unlikely person should bring him cheer. The source is none other than the Foreign Minister of a country that Trump considers to be in the forefront of his list of foes: Javad Zareef of Iran. I have known Zareef and worked with him as a fellow diplomat for years and would rate him as a person of extraordinary intellect. Speaking at an interview on Instagram with an Iranian journalist Farid Modaressi, Zareef stated that despite all that is happening, Trump’s support base of 30 to 35 percent has not moved , and till that occurs, he still has over 50 percent chances of re-election. Zareef did not elaborate if he himself would prefer such an outcome, calculating that four more years of America with Trump at its helm , might eliminate that nation totally from the global power scene, which for Zareef and Iran, ought to be a consummation devoutly to be wished!
Police forces across the United States have committed widespread and egregious human rights violations in response to largely peaceful assemblies protesting systemic racism and police violence, including the killing of Black people.
I want to once again express to all colleagues my enormous appreciation, my enormous gratitude, for your fantastic professionalism, your flexibility and the way you have been able to fully deliver for the people we care for during this period.
Another episode of the spectacular show that could be called The Greatest Story Ever Told: The Saga of the Trump Presidency
, scripted and acted by Trump himself, took place on 1st of June.
As the COVID-19 pandemic worsened in April, many Americans were shocked by the extent that black Americans were being disproportionately impacted: higher infection rates, more deaths
and greater job loss
But many black Americans were not surprised.
As the high season for agricultural labour in the United States approaches, tens of thousands of migrant workers from Mexico are getting ready to head to the fields in their northern neighbour to carry out the work that ensures that food makes it to people's tables.
During a crisis, such as the novel coronavirus
, whose impact changes with every passing minute, the urge to listen to and watch the news, and get firsthand insights and real time updates can be constant. Indeed, millions of Americans are frequently checking the news. I know I am. What I’ve noticed on three of the major TV stations I’ve watched across the day is the absence of diversity in the experts commenting on the pandemic. This is inexcusable.
The deadly, fast-spreading coronavirus which upended three key UN conferences—on the empowerment of women, on nuclear disarmament and on indigenous rights—claimed another casualty last week when a commemorative meeting on the transatlantic slave trade was postponed.
The US is currently still in a stock market bubble which, if history is any guide, is likely to end, as argued by Thomas Palley
. While President Trump would, of course, like to sustain it to strengthen his November re-election prospects, the Covid19 black swan is already showing signs of pricking the bubble