Monthly Archives: July 2013

Public Spending, Private Wealth

“It is easier for a camel to pass through the eye of a needle than for a rich man to enter the Kingdom of God.”  — Matthew 19:24 “The love of money is the root of all kinds of evil.” … Continue reading

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The Arab Spring comes to Iran — again

A month ago, observers were stunned as a dark-horse reform candidate, Hassan Rouhani, was declared the winner of the presidential election in Iran. I haven’t commented yet because this was a surprise to me, and I wanted to try and … Continue reading

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Bad News is Good News — today

World stock markets seem initially pleased that China’s growth has slowed to no less than a 7.5% annual rate.  A year ago, China shifting to a full-year of 7.5% growth would have been seen as a disaster for the global … Continue reading

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Egypt follows the revolution script — and a turn for the worse

When in January 2011, Hosni Mubarak was driven from power, many commentators said this is NOT a revolution.  Using the moniker the “Arab Spring” or the “Arab Uprisings” the commentariat said “This time is different!”   This is a popular democratic … Continue reading

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Maneuvering in Egypt

The protests in Brazil and Turkey have had their desired impact.  In these democratic countries, people wanted their elected leaders to pay attention to the demands of a rising number of secular, middle-class, urban residents .  These people felt that … Continue reading

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Absent, but watching

Readers — my apologies for being absent from the blogosphere for a while — I was time and jet-lagged while setting up a new research laboratory in Moscow, where I expect to be spending spring and summer months for the … Continue reading

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