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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Prof. Norman Bailey discusses youth unemployment in Israel

The current issue of The Economist has a cover picture of people being discharged into a trash dump, with the headline “Generation Jobless” and the subtitle “The Global Rise of Youth Unemployment.” In the article inside the magazine it points out that youth unemployment, as reported by official statistical agencies, which undoubtedly miss many of the unemployed,…

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Some good news about Israel and what Obama said about it

Amid all the euphoria about President Obama’s visit to Israel, modified by the realization that Netanyahu’s apology to Turkish prime minister Erdogan under pressure from Obama (and truth be told under pressure also from Israeli industry, which has seen its once-robust sales to Turkey plummet) was a serious and humiliating mistake, insufficient attention has been…

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Budget dilemmas in Israel and the U.S.

In the United States, a broken political system and a broken budgetary process have resulted in an automatic, across-the-board budget cut for the approximately one-third of the governmental budget that is not mandated (social security, medicare, etc.), including defense and internal security.

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The Middle East becomes curiouser

It is well-known that Alice found things in Wonderland becoming “curiouser and curiouser.” The Middle East is the new Wonderland and things are indeed becoming “curiouser.”

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