TLR 190- Under the Radar: the Monetarist Counter-Revolution

February 26, 2019
There is a plethora of topics to write about — more than has been the case in quite a few years. The most obvious and seemingly urgent is the political arena and the election campaign underway. In that area, however, I am primarily using verbal communication channels — conference calls and individual conversations — if only because the pace of events is so rapid that written analysis suffers from almost instant obsolescence.

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TLR 189- Netanyahu’s Last Hurrah

January 10, 2019
In a matter of weeks, Israeli politics has swung from somnolent to frenetic. It now requires considerable effort just to keep up with the daily news of who is doing what — forming new parties, leaving old ones, creating or destroying alliances. Yet the polls — which no-one believes, yet everyone reads and quotes — have remained consistent regarding the most important aspect of the campaign, namely the winner: they say that Netanyahu is on course for another victory, which will enable him to choose his partners in the next government.

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TLR 188- Goldilocks has Left the Building

November 23, 2018
After weeks of quiet, thanks to the summer holidays and the Jewish holiday season running virtually back-to-back in August and September, Israel has reverted to intensive news generation. However, the striking thing about the developments over recent weeks is their content – what is in the headlines versus what is not, as well as what should be.

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TLR 187- All Change – Part 2

September 5, 2018
The previous issue presented an extensive discussion of the ‘challenges’ being encountered with regard to the appointment of the next Governor of the Bank of Israel — including a review of the legal and procedural requirements, why the process is again proving so difficult, as well as the ideological and policy implications involved in finding a ‘suitable’ candidate.

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TLR 185- Mensis mirabilis (amazing month)

June 12, 2018
This issue is being published on a day everyone agrees is historic and amazing. President Trump’s meeting with North Korea’s leader, Kim Jong Un meets any conceivable criterion for “historic”, “ground-breaking” and the numerous other titles being heaped upon it. It is also genuinely amazing (another term suffering from intense overuse), because this time last year it seemed more likely that the two leaders would scale up from hurling insults at each other to firing missiles at each other’s countries, than that they would switch to smiling at and complimenting each other — and conducting intensive discussions about the major issues dividing them.

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