Keynes and Hayek were two of the most influential economists of modern times. But how did their economic philosophies and views affect the world today? Nicholas Wapshott, who wrote Keynes Hayek: The Clash That Defined Modern Economics and is the former New York bureau chief ofThe Times, editor of theSaturday Times of London, founding editor of The Times Magazine, and political editor of The Observer, tells Doug about the differences in both economic systems and how the economies of the West have been shaped by them. Also enjoy listening to all of your favorite people on Goldstein on Gelt.Doug Goldstein, CFP®
Posts Tagged ‘today’
A miracle of sorts took place today at the Israeli Supreme court, which could be the sign of good things to come. It was during part of an ongoing discussion of Illegal Arab construction in Judea and Samaria, and this time the issue at hand was a mosque built illegally in Al-Mofkra (Regavim), on the southern slope of Mt. Hebron.
According to The Jewish Voice, the panel of judges headed by Supreme Court President Supreme Court President Grunis, with Justices Miriam Naor and Edna Arbel, opened the discussion by saying that illegal construction cannot be allowed to go on at all, especially in Judea and Samaria. The panel added that enforcement activity should be performed efficiently.
In this context, Justice Grunis said that “we must kill them when they’re young” (the literal translation from Hebrew would be “We must destroy them when they’re little”). The quip was made in front of representatives of the State Attorney’s Office, who told the court they intend to destroy the illegal mosque in the coming weeks.
The reason this can be considered a minor miracle is that both of Grunis’s predecessors, chief justices Aharon Barak and Dorit Beinish, would not have been caught dead saying something so un-PC about a Muslim house of worship. The fact that Justice Grunis was able to joke about it – and then do the right thing and force the state to take down the ugly thing – is very much a step in the right direction for the court.
Following an appeal by the Regavim movement, the Attorney General made a commitment to destroy the mosque once it was determined to be illegal. But while the civil administration was dragging its feet and not getting around to demolishing the mosque, the Regavim movement reported that mosque owner, one Mahmud Hamemda, continued to live there and had said that no matter how many times the mosque is destroyed, he would keep rebuilding it.
Following the Attorney General’s commitment to give a high priority to destroying the mosque, Attorney Boaz Arzi, representing Regavim, expressed his satisfaction. “Given the fact that the justices accepted our appeal, and gave us the relief we asked for, our petition has become moot and there is no reason not to delete it,” he stated, adding that,”if the civil administration does not do its job and we’ll see the mosque was not destroyed, we’ll have no problem submitting another appeal, until justice is done.”
The Regavim movement announced that the decision to demolish the illegal mosque should serve as a warning to the Palestinians in Al-Mofkra village. “Every illegal construction will be documented and an appeal will be submitted to the Supreme court as needed,” a movement spokesperson said. “The state’s decision to demolish the illegal mosque is proof that nearby structure are equally illegal and their fate will be the same.”Yori Yanover
Chairman of the Knesset State Comptroller’s Committee MK Uri Ariel welcomes the new Bayit Yehudi list for Knesset: “I congratulate the contenders and those who were chosen in the Bayit Yehudi party. Now we are geared toward unifying the ranks and returning the National Orthodox camp to its historic influential position on the political map. Today begins the Knitted-Kipa Revolution.”Jewish Press News Briefs
The Shabak (Israel’s General Secret Service) just announced that Ahmed Jabari, the second in command of the Hamas military, was killed today by the IDF in a surgical strike. He was traveling in his car when it exploded.
Al-Jabari has been credited for the Hamas takeover of Gaza as well as introducing the launching of Kassam rockets into Israel.
Jabari’s son, who was in the car was also killed in the attack.
Palestinians report that the IDF also attacked in Rafiach and Han Younis leaving 8 dead.
Much of the country has now been put on alert in case of retaliatory attacks by Hamas, who have now threatened to launch missiles on Tel Aviv tonight.
Schools around Gaza have announced that school will be canceled tomorrow.
Jewish Press News Briefs
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Yishai and Malkah kick off this week’s show by talking about recent attacks by terrorists on southern Israel and move on to read recently sent e-mails from listeners. They move on to talk about raising children in today’s world and how important it is to raise them with solid and good influence. At around 16:40, they talk about the recent rains that Israel is experiencing and how rain in the Land of Israel is truly a gift. Yishai and Malkah end the segment by further discussing attacks on Southern Israel and how Israel is always a leader when it comes to providing help for other nations in the world, including following Hurricane Sandy in the United States.
Please first look at the photo:
It’s criss-crossed the blogosphere and Twitter network like crazy last night. It pretends to be an image of children who, along with the man lying on a stretcher next to them, were allegedly targeted today by Israel’s forces for being terrorists. You can see it here or Twitter-search for it here.
In reality, the picture is four years old. It has nothing to do with anything that happened in Gaza last night. Check it out here.
Why are we seeing it now? Why is it being pushed across the world’s social media networks tonight?
Heavy fighting has going on in southern Israel and inside Gaza since early this evening. It began when an IDF patrol was hit by an anti-tank rocket fired from within Gaza around sundown. Several Israeli servicemen are seriously injured. In a country where most people’s children serve in the defense forces, an attack like this does not go un-noticed.
Throughout Saturday night, Israel has channeled some of its sophisticated weapons, including helicopters and drones, at very carefully selected targets in the Gaza Strip, an area dominated by the Hamas terrorist organization and bristling with tens of thousands of rockets stashed away inside homes, mosques and hospitals.
The terrorists for their part have fired off dozens of rockets. Frightened families throughout most of southern Israel are inside safe rooms and bomb shelters, or within a few seconds’ dash of one, as we write this. School classes throughout the area have been canceled (Sunday is a school day in Israel). This will not prevent foreign media channels from saying – as they will certainly do in the coming hours – that Israel is responding disproportionately.
Militarily, the Palestinian Arabs of Gaza are far less-well equipped with military equipment than the IDF is. But strategically, the Gazan side has the ‘advantage’ of being ready, willing and able to do anything that will un-nerve the Israeli side and bring criticism onto Israeli heads. If this means telling lies, taking steps that provoke Israeli reactions that will certainly injure their neighbors, or firing rockets indiscriminately at towns, farms, homes, buses, cars, schools – well, that’s what they have been doing for years. It’s how they fight.
But there’s another way and that’s via cognitive warfare. By promoting totally bogus lethal narratives, like the photo (at the top of this post) of a cluster of Palestinian Arab children who were allegedly attacked by a cruel and over-armed Israeli military, the Gazans score strategic points that their military weakness would otherwise prevent them from gaining.
If the photo has reached you (and it has reached huge numbers tonight), then they have made you a part of their warfare against us Israelis. What you do next will determine how successful their cowardly and very shabby strategy turns out to be… this time.
Visit This Ongoing War.Frimet and Arnold Roth
The ritual of rockets that periodically pummel Israel’s southern communities includes numerous media interviews with the important people. The journalists attempt to extract from anybody who thinks he is somebody some piece of a resolution for this crazy situation that is unparalleled anywhere in the world.
The first to express himself during last week’s round of rocket fire was President Shimon Peres, who, during a visit to the north, expressed his anger at the situation in the south. “We haven’t seen Shimon Peres this angry in a long time,” the reporter noted.
After Peres came Yair Lapid, a candidate for the premiership: “What is the solution?” asked the reporter. “We must coordinate all the public relations bureaus,” Lapid answered, hurrying to steer the discussion to the topic of his expertise. “I would coordinate all the public relations in the Foreign Ministry.”
Labor Party leader Shelly Yachimovich spoke eloquently – but said nothing memorable. Former defense minister Amir Peretz said that we must build more protective shelters. A security expert jabbered with self-importance, leaving me confused. Eventually I gave up and put on a music station.
A simple truth is hiding behind the cacophony of non-solutions: those responsible for the debacle cannot fix it.
In the mid-90s (the Oslo era) Israel’s “This is our land” mentality switched to “This is their land.” A large swath of influential people in the fields of the arts, communications, politics, security, justice and media are responsible for the transformation. They built their careers on the Oslo era and cannot go back to the pre-Oslo days of “This is our land.”
That is why there is no solution to the missiles screeching into southern Israel from Gaza.
In the “This is our land” days, famous Zionist icon Abba Kovner explained the imperative to conquer Gaza. Kovner did not talk about eliminating terror; he talked about victory. Victory is impossible without moral resolve. Those who want to solve today’s missile problem would be well advised to read Kovner’s battle order, written for IDF troops as they prepared for battle in the 1956 Sinai War: “The will to triumph is a prerequisite for victory.”
The lesson: no containment and no control over the height of the flames, and none of the other anti-army, pseudo-intellectual discourse that dominates the army today. An army must strive for one thing only: victory.
After some words of encouragement, Kovner explains: “Gaza: a living organ torn from the body of the State of Israel.” Kovner takes a moral stance: Gaza is ours!
He continues: “A clenched fist is hovering over the state, a base for the murderous Egyptians,” Kovner says, referring to the security threat to the state.
At the very end of the battle order Kovner mentions the only claim that is being made today, namely the suffering of the people. His portrayal: “Nachal Oz, Be’eri, Kissufim, Nirim – a chain of flourishing settlements facing a hostile border.”
Kovner says, “Fighters smite the enemy…. Smite him again and again.”
He sums up: “The enemy will be destroyed by the sword of the division fighters. Forward to battle and to victory!”Moshe Feiglin