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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Give the people’s wealth to the people
Israel’s sovereign wealth fund, finally activated, should be used to narrow the country’s shockingly wide economic gaps. The Israeli government has finally activated the sovereign wealth fund that was authorized years ago to accumulate the levies collected under the Natural Resources Profits Law, chiefly from the companies and partnerships exploiting Israel’s offshore gas reservoirs. Read…
Read More from Give the people’s wealth to the people ›Israel Police clobbers public diplomacy
Israel has recently found effective PR responses to its enemies, but the reality of heavy-handed policing is undermining them. In the last few months, a very significant change has taken place in the nature and success of the public relations of the State of Israel. In the past, indifference (“But we’re right!”) or shrill anger…
Read More from Israel Police clobbers public diplomacy ›Genocide is a word not to be used lightly
The Russian invasion of Ukraine is a crime under international law and atrocities have been committed, but the Russians are not trying to annihilate the Ukrainian people. Words matter. Words can and do result in thoughts and then into actions. Words can result in the laudable of human actions and into the most despicable behavior.…
Read More from Genocide is a word not to be used lightly ›Will Israel’s Arabs use their new-found power wisely?
If they do, it could well be to Israel’s wider benefit. The anti-Bibi government that took office ten months ago is tottering, due to a defection from Yamina to Likud. As a result, the governing coalition has only half the seats in the Knesset. However, contrary to what many commentators who should know better are…
Read More from Will Israel’s Arabs use their new-found power wisely? ›Ukraine: Gains for China, worries for Israel
Russia’s invasion of Ukraine looks like another chapter in the rise of China and the waning of the U.S. As for Israel, its interests do not justify its ambivalence. Russian President Putin undoubtedly expected that his unprovoked invasion of Ukraine would be over in 48 hours at the most, with Ukrainian President Zelenskyy fleeing the…
Read More from Ukraine: Gains for China, worries for Israel ›The ignoble descent of Faustian man
The decline of the West, described in great detail by Oswald Spengler a hundred years ago, is now entering its final phase. “What shall it profit a man if he gain the whole world and lose his own soul?” – Yeshua ben Yosef, itinerant Jewish preacher in Roman Palestine in the first half of the 1st century…
Read More from The ignoble descent of Faustian man ›Hurtling towards global chaos and anarchy
Avigdor Liberman correctly predicts the breakdown of international order but does not mention it is being hastened by the social and political deterioration in the U.S. A remarkable interview with Israel’s Minister of Finance Avigdor Liberman was published in the February 4th issue of the Jerusalem Post magazine. In the interview, Liberman states that due…
Read More from Hurtling towards global chaos and anarchy ›Israel reliant on a stumbling, lukewarm U.S.
After America’s failures at home and abroad in 2021, we can only hope that Israel, and the world, will see better from it in 2022. One year has passed since the events of January, 2021: the rioting at the Capitol Building in Washington on the 6th, and the inauguration of Joe Biden as president on…
Read More from Israel reliant on a stumbling, lukewarm U.S. ›The Decline of the West, an Upcoming Centennial, and a Present Reality
In 1923 the German philosopher, Oswald Spengler, published his masterpiece, The Decline of the West, of which World War I was the first chapter. He did not live long enough to witness the second chapter of the decline, World War II, or the third chapter, the Cold War between the Soviet Union and its satellites…
Read More from The Decline of the West, an Upcoming Centennial, and a Present Reality ›The Abraham Accords one year on – who’s next?
Following the general success of the agreements signed with Israel by four Arab countries a year ago, there are one or two good candidates to follow suit. It is a pleasure to be writing about something positive that is happening in the world for a change. And the Abraham Accords are certainly a very positive…
Read More from The Abraham Accords one year on – who’s next? ›