On his blog, Tyler Cowen summarizes the economics in Theodor Herzl’s “The Jewish State.” Herzl favored selling European homes and businesses of departing Jews and buying land in Argentina or Palestine, at a profit, through a land acquisition company incorporated in London. Poor Jews from Romania and Russia would supply cheap labor and be rewarded by their own houses eventually. Herzl favored short working weeks, a democratic monarchy or the aristocratic republic of Renaissance Venice....
Read More »Adoption Of The Euro Has Been ‘Unequivocally Bad’ For Southern European Economies
Via GEFIRA, Some say that the common currency prevents less productive economies from cheating by weakening their national currencies and forces them to become more efficient and competitive. Industrial production data shows that it is not the case. Italy, France, Greece and Portugal have not only stopped producing more; they are producing now less than in 1990! The decay started immediately after the introduction of...
Read More »Adoption Of The Euro Has Been ‘Unequivocally Bad’ For Southern European Economies
Via GEFIRA, Some say that the common currency prevents less productive economies from cheating by weakening their national currencies and forces them to become more efficient and competitive. Industrial production data shows that it is not the case. Italy, France, Greece and Portugal have not only stopped producing more; they are producing now less than in 1990! The decay started immediately after the introduction of...
Read More »Settlers
In a remarkable documentary about settlers in the West Bank, Shimon Dotan interviews Israeli settlers, local farmers and Israeli officials. He paints a picture of continuous clashes between fundamentalist convictions on the one hand and the rule of law on the other, with the former gaining the upper hand.
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