The Great Reversal: How Social Contract Theory Became State Apologetics

Russian Black Sea Town Plunged Into Environmental Catastrophe After 4th Drone Strike On Oil Complex Russia's Tuapse on the Black Sea can't catch a break as it has been hit by Ukrainian drones for the fourth time within only a month, after a series of devastating attacks in April which unleashed large fires. On Friday another fire broke out at a marine terminal in Tuapse after this latest Ukrainian drone strike, regional emergency officials have confirmed. Over 100 fire-fighting personnel are battling the blaze. Tuapse has already been under a state of emergency...

The Kohn Solution For An Uncertain Fed Via RealInvestmentAdvice.com, Dario Perkins of TS Lombard wrote a piece titled “How to Respond to Oil Shocks.” His analysis draws on the Fed’s history to address how it should respond to today’s oil shock. While researching Fed transcripts from the 1990 Gulf War, he discovered a proposal by Don Kohn, senior Fed staffer, that offers a solution to the central bank’s oil shock problem: nominal GDP targeting. Kohn’s logic is straightforward and makes sense in the current environment where the Fed is contemplating monetary policy as...

North Korea Keeping Iran At Arm's Length, Hoping To Improve Ties With Trump When the Ukraine war began over four years ago, North Korea only deepened its relations and defense cooperation with Moscow. Later into the conflict, it even sent thousands of troops to assist Russian military and security forces - and an undisclosed number of DPRK troops died or suffered wounds while fighting Ukraine. When it comes to Iran, many pundits assumed Pyongyang might also do something similar in defense of Tehran, give the Middle East nation and fellow 'rogue'...