Monday, September 16, 2019

Israeli Secret Ops Undermining the United States: Political Realism as Undercutting Allies

On September 14, 2019, Israeli Prime Minister Netanyahu was “giddy with excitement” after U.S. President Trump had communicated “the possibility of moving forward” with a mutual defense pact.[1] This communication was punctuated, however, by “cautious wording.”[2] Trump had recognized Jerusalem as Israel’s state capital and recognized Netanyahu’s annexation of the occupied Golan Heights. What accounts for the caution regarding a defense pact? Moreover, why had Trump been quiet concerning the Israeli election that was coming up in a week or so? Netanyahu was polling behind his contender, so vocal support from Trump, such as on Netanyahu’s campaign pledge to annex the Jordon Valley, would have been valuable to the sitting prime minister. At least part of the answer may have something to do with Israel’s undercutting military action in Iraq. American allies have their own geo-political agendas that can include undercutting the United States militarily.



1. Oren Liebermann, “Trump May No Longer Be the Gift that Keeps on Giving for Netanyahu,” CNN.com, September 16, 2019 (accessed on the same day).
2. Ibid.

Thursday, September 12, 2019

On the Supply and Demand in Housing Markets: Rent Control in California

In February, 2019, Oregon’s legislature passed rent-control legislation limiting rent increases to 7% annually plus inflation. New York’s legislature strengthened the existing local rent-control regulations in New York City. Roughly six months later, California’s legislature passed rent-control legislation limiting annual rent increases to 5% after inflation and strengthening other tenant protections.[1] Not even the largest landlord group and the California Business Roundtable had opposed the legislation in spite of the fact that rent-control even as a concept flies in the face of the free-market ideology that has been so popular in America. Indeed, economists “from both the left and the right have a well-established aversion to rent control, arguing that such policies ignore the message of rising prices, which is to build more housing.”[2] Accordingly, only four of the American states (and Washington, D.C.) had some kind of local rent-control. So what accounts for the rent-control fever that had taken hold in 2019? I want to point to the immediate context then in California, and then to a more theoretical explanation that calls for distinguishing shelter from real-estate investing.

The full essay is at "California Rent Control."


1. Conor Dougherty and Luis Ferré-Sadurni, “California Approves Statewide Rent Control to Ease Housing Crisis,” The New York Times, September 12, 2019.

Wednesday, September 11, 2019

Political Ideology and Religious Doctrine: Pope Francis and His American Critics

Political ideology and religious doctrine are distinct, yet confusion can justifiably exist because ideology can seep into doctrine or be claimed to be such when it is not. This interlarding of political ideology into religious doctrine, or theology, is perhaps best demonstrated in Christian liberation theology, which includes political (e.g., justice) and economic (e.g., equality of income or wealth) prescriptions in the future Kingdom of God manifest on Earth. Generally speaking, political (and economic) ideology can legitimately be viewed as being human, all too human, and thus as fundamentally distinct from religious revelation and even doctrine (though even these may be influenced and even distorted on our end by the taint of human nature). Put another way, the source of revelation and even doctrine comes from “above,” whereas political (and economic) ideology are human artifacts. Therefore to infuse such artifacts into religious doctrine risks polluting it such that the religious or spiritual auspices are impaired. David Hume suggests in his Natural History of Religion that the human mind cannot long hold onto the divine idea manifesting purely as simplicity, so we attach other ideas—anthropomorphic ones—to our conceptions of the divine. Such ideas are of human traits or characteristics, hence “from below.” Sadly, we rarely recognize this human activity; rather, we take God to have such characteristics. The criticism of Pope Francis by “ultraconservative” American Catholics, including some notable clergy, illustrates just how problematic the admixture of political ideology and religious doctrine can be.

Saturday, September 7, 2019

A Strong State vs. The Market Mechanism in China

Under Marxist ideology, the Chinese economy was a command-and-control economy eschewing the market mechanism. Mao's collective farms provide us with a good example. The economy of the U.S.S.R., also Marxist, was based on production quotas and fixed prices. They changed by fiat rather than by changes in demand. State owned, or socialist, productive enterprises were given quotas based on the prior year's production (plus more). This push replaced that of producing more to sell more. Any hint of a market brought with it the stench of Capitalism. So one would suppose that China marked a significant departure when the government announced in 2013 that it would expand the range in which the yuan currency would float. Yet in 2019 in the midst of a trade tussle with the United States, the Chinese state demonstrated just how dominant the state still was relative to any market system.  

The full essay is at "Strong State vs. The Market Mechanism."


Thursday, August 22, 2019

The Bahá’i Religion: Theological Problems

The Bahá’i religion is based on the monotheistic teachings of Bahá’u’lláh, the nineteenth-century prophet whom Bahá’i’s maintain is the prophet even for the twenty-first century. The monotheism dovetails with the religion’s earthly goal of unity even in diversity.[1] At the same time, the religion is universalistic in that it holds that truth can come out of various religions, including non-deism Buddhism and polytheistic Hinduism. Bahá’i aims to be a tolerant religion in principle, although it seems to me that the monotheistic religions would naturally be favored. Although Hindu and Buddhist teachings and prayers are incorporated, Bahá’i does seem to emphasize Judaism, Christianity, and Islam. Yet this does not absolve Bahá’iism from the tension in being both monotheist and inclusive of truth from non-monotheist religions. Even within Bahá’i’s grasp of the three monotheist religions an underlying tension can be found. Specifically, although Bahá’iism aims to accurately represent all three of the Abrahamic religions, the desire to emphasize what those religions have in common comes at the expense of taking each in its own, distinct terms. In particular, Bahá’i teaching treats Moses, Jesus, and Mohammed similarly even though they are different types in their respective religions. The imposed isomorphism enables Bahá’iism to claim Bahá’u’lláh as the fourth is a series of the same prophet-type. This type stresses the divine-connection of the prophet at the expense of his human nature. Meanwhile, the goal of unity—the Kingdom of God—is also portrayed in distinctly earthly terms, albeit idealized, as the unity possible around the world of different peoples in “a civilization founded on justice, equality and unity in diversity.”[2] Viewing the Kingdom of God in such concrete, even partisan terms can arbitrarily narrow and even skew the divine into terms that are human, even all too human.

The full essay is at "The Baha'i Religion."

For more, see: God's Gold: Beneath the Shifting Sands of Christian Thought on Profit-Seeking and Wealth Spiritual Leadership in Business: Transcending the EthicalBoth are available at Amazon.


1. This is similar to Schopenhauer’s ethical theory of compassion being based on Plotinus’s (a second-century Christian philosopher) notion of the One.
2. From the 2019 Grassroots Teaching Conference of the Four Corners Region.

Limits to Overused Fiscal and Monetary Policy Can Result in Self-Induced Governmental Impotence

“The [U.S.] federal budget deficit is growing faster than expected as President Trump’s spending and tax cut policies force the United States to borrow increasing sums of money.”[1] This observation was made just after the Federal Reserve Bank relented under pressure from the White House to lower interest rates because bond investors had been investing with a possible future recession in mind. With the U.S. Government’s accumulated debt standing at $22.4 trillion and interest rates already low, the limits to both fiscal and monetary policy were apparent even if most Americans in the political and business elite were focused on avoiding a possible recession in 2020.

The full essay is at "Overused Fiscal and Monetary Tools."

See also: Skip Worden, Essays on Two Federal EmpiresAvailable at Amazon.


1. Jim Tankersley and Emily Cochrane, “Budget Deficit Is Set to Surge Past $1 Trillion,” The New York Times, August 22, 2019.

Wednesday, August 21, 2019

Anticipating a Recession: Economic and Political Indicators in the E.U.

Anticipation in August, 2019, at least among bond purchasers on Wall Street, of an impending recession in 2020 had at least in part to do with the E.U. In particular, a large state, Germany, had a disappointing second quarter in terms of contracting economic output, and the increasing prospect of Britain seceding from the Union was thought to result in the E.U. economy turning recessionary. I contend that both of these baleful indicators were over-emphasized. Additionally, adding the increasing political polarization in the E.U. as another contributor to an upcoming recession would be too much.

The full essay is at "Anticipating a Recession."

Saturday, August 17, 2019

When Platitudes Undermine Real Change: The Case of U.S. President Obama

U.S. President Obama’s 2010 speech at the UN’s annual opening lacked tangible proposals.  For example, he urged progress on the Middle East peace talks, but proffered no proposal.  He said Africa could be prosperous agriculturally, but gave no proposal for how.  He claimed that corruption in governments of developing countries is a problem, but offered no solution.  Pointing to corruption in general diffuses responsibility so talking about it does not shame anyone into making hard choices. Such platitudes belied the president's claim to being an advocate of real change. 

The full essay is at "Platitudes Undermine Real Change."

On the Role of Partisan Political Ideology in the U.S. Supreme Court

Observing a pattern of sustained ideological proclivities in the decisions of justices of the U.S. Supreme Court, The New York Times editorialized in 2011 that the “court cannot maintain its legitimacy as guardian of the rule of law when justices behave like politicians.”[1] One could just as easily say behave like human beings, for juridical interpretation itself contains ample space for an interpreter’s ideology to have a role, especially given human nature that is apt to exploit such leeway. In other words, ideology may be part and parcel of the essential function of a constitutional court, given the nature of juridical interpretation

The full essay is at "Partisan Ideology in the U.S. Supreme Court."

1. The New York Times, “Ethics, Politics and the Law,” Editorial, July 1, 2011, p. A22.

Wednesday, August 7, 2019

Raising Retirement Ages in the E.U.: The Case of Spain

The New York Times reported in 2012, “Spain has a stubbornly high budget deficit, its banks require tens of billions of euros in rescue loans and the government may soon have little choice but to request bailout funds” from the E.U.’s “TARP” program. Nevertheless, the state government’s “budget would actually increase pension payouts 1 percent [in 2013]. The money includes not only pensions for former public employees, but also the social security payments that go to all retired [residents].”[1] Pension expenditures represented nearly 40 percent of the state's budget and 9 percent of the state’s economic output, so one would think that line-item would have been first up on the chopping block. To be sure, cutting sustenance programs such as pensions could actually exacerbate a government's debt because if a resulting decline in demand adds to unemployment. In this case, the politics in the state seems to have gone along with the economics. I submit that Spain could have gone further economically were it not for entitlement politics interlarding the retirement-age issue.

The full essay is at "Raising Retirement Ages in the E.U."

1. Landon Thomas, “Pension Dilemma in Europe’s Debt Crisis,” The New York Times, September 30, 2012.

Stock Market Efficiency: Regulating Speed Trades

A flurry of international activity aimed at putting limitations on computer-based speed-trading was striking during the Fall of 2012 in the U.S. because regulators had been slow to act. Typically, the NYSE has been viewed by the world as the Mecca of efficient investment markets. Paradoxically, however, efficiency may be improved by restricting—meaning regulating—the masses of computer-enabled quick trades that take advantage of momentary microscopic arbitrage opportunities that are too quick for the human hand. The American conventional wisdom seems to be that regulation and market-efficiency are inversely related, rather than complementary. This assumption might be overly simplistic, coming from an inherited ideology. Fortunately, the rest of the world has not been following the SEC.

The full essay is at "Stock Market Efficiency."


Monday, July 29, 2019

Managers Going too Far: Targeting Linguistic Over-Reaches

The practice of using words beyond their contexts such that the words’ meanings are tortured and yet are pretended not to be was a trend in modern America during the 2010’s. The business manager instigated the trend in order to “gild the lily,” which means to claim more than is warranted or merited. Astonishingly, people dismissed or perhaps even didn’t recognize such over-reaches. Perhaps as long as people have used language, egos gripped in the pursuit of gain have presumed that keeping to a word’s extant meanings in a language is somehow optional.

The full essay is at "Managerial Over-Reach."

Wednesday, July 24, 2019

Beyond Fixing the U.S. Government's Debt

After a number of failed attempts over decades to solve a problem, it is natural that the problem itself would barely get mentioned, let alone any cure. I submit that the U.S. federal debt is a case in point. President Reagan made it an issue in 1980, and Congress has tried to mandate for itself automatic spending cuts and tax increases, but to no avail. The desire for instant gratification outstripped self-discipline. This could perhaps be said of the society generally. 

The full essay is at "Beyond Fixing the Debt Problem."

Corporations and Political Debate: Taxation & Regulation

Under U.S. law, the corporation is a legal person, whose wealth can constitute political speech protected by the first Amendment. It is no matter that the corporation is an artifice constructed by the state for economic purposes: to concentrate wealth in order to produce goods or provide services. That such an entity would lobby and spend money (or “speak”) for political purposes may from this standpoint seem strange, or out of place. To be sure, political influence can indeed help the bottom economic line, but is a corporation a political actor if the purpose is economic? 

The full essay is at "Corporations and Public Debate."

On the Pull of Religious Belief

John Blake of CNN asks, “Have you ‘walked the aisle’ to ‘pray the prayer?’ Did you ever ‘name and claim’ something and, after getting it, announce, ‘I’m highly blessed and favored?’ . . . If this is you, some Christian pastors and scholars have some bad news: You may not know what you’re talking about. They say that many contemporary Christians have become pious parrots. They constantly repeat Christian phrases that they don’t understand or distort.”[1] Making matters worse, such Christians treat their religious beliefs as if they constitute knowledge. This, as well as the presumed wherewithal to claim anything due from God, is highly impious and yet the claimers are certain that they have true belief.

The full essay is at "Religious Belief."

[1] John Blake, “Do You Speak Christian?” CNN, July 31, 2011.