Norman A. Bailey is a Professor of Economics and National Security at IWP and Former Senior Director of International Economic Affairs with the White House National Security Council.
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Israel’s Turkish conundrum

Israel needs to confront Turkish neo-imperialism, but is economically and politically hamstrung. Among its many other insidious effects, the coronavirus crisis is complicating various aspects of Israeli foreign relations. Prior to the outbreak of the pandemic, the Israeli economy was in excellent shape, with good GNP and export growth, low unemployment, low inflation, and healthy…

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New Year: the good, the bad, and the ugly

As the Jewish New Year gets under way, it’s time to assess whether things will get any better in coming months As the Jewish New Year begins, we should look backward and forward in time to decide what is good, what is bad, and what is ugly. Looking backward, the last category is easy. This past…

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The geopolitical transformation of the Middle East

Two distinct blocs are being formed, innately hostile to each other and with the potential at any time to break out into armed action.  After the dramatic announcement of the intention on the part of the United Arab Emirates to normalize relations with Israel, which has given rise to extensive and mostly positive commentary in…

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Hezbollah’s dilemma

With its grip on Lebanon suddenly in doubt, Hezbollah will have to think more than twice before launching an assault on Israel. The gigantic series of explosions which destroyed the port of Beirut and severely damaged much of the rest of the city has, of course, been extensively commented upon. I don’t presume to know…

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Will China save Iran?

With Iran’s regime on the ropes, China sees an opportunity, which for Israel translates into a threat. In recent weeks a series of explosions and fires have spread throughout much of Iran, damaging multiple facilities, including the Natanz nuclear facility and the missile construction center. At the same time, the coronavirus pandemic has hit Iran…

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A Meaningless Jeremiad Presaging Armageddon

In a recent article for The International Economy, IWP professor Dr. Norman Bailey reviewed The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power by Shoshana Zuboff. Read the article at The International Economy

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Mixing oil and water and calling it champagne

Israel’s new so-called unity government is an obscenely expensive monster inadequate to deal with the challenges it faces. Well, it appears that Israel will have a government finally after months and months of shoddy political maneuvering. That is the good news–all of it. The bad news is that this “coalition” government is a hunchbacked, three-legged…

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Scaring people to death

Coronavirus lockdowns will themselves cause fatalities. There are braver and better approaches. This newspaper has published the comments of Prof. Yoram Lass, who was Director-General of the Ministry of Health when that government department was headed by people competent in the area which they were in charge of administering. Prof. Lass indicated that due to…

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An intellectual earthquake in the Middle East

Ideas are circulating in places like Kuwait and Saudi Arabia that indicate a tectonic shift. During recent months, pubic and media concentration on viruses and politicians (I will refrain from commenting on the similarities between the two) has caused little attention to be paid to other significant developments, such as the Turkish-Russian confrontation over the…

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Deal of the century is non-starter

Drawn up by a demented cartographer, the plan, however, does bury the Oslo agreement and demonstrate that Arab Israelis don’t want to be Palestinians. Now that the famous “Deal of the Century” has finally been unveiled, enough time has gone by to see past the praises and the condemnations and examine calmly what it’s all…

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