David P. Goldman

Last night I joined my old friend and Bear, Stearns colleague Wayne Angell—a vice chairman of the Fed’s Board of Governors two decades ago—on CNBC’s Kudlow Report . Wayne took issue with economists who fear deflation; I tend to share those fears, although for different . . . . Continue Reading »

Circular reasoning is the standard response to running in tight little circles, which ensues upon having one’s foot nailed to the floor. According to Bret Stephens’ column in today’s Wall Street Journal , we should employ circular reasoning to justify our present misery in . . . . Continue Reading »

Anne Rice has clarified her renunciation of Christianity, explaining, ”I didn’t anticipate in the beginning that US Catholic Bishops were going to come out against same-sex marriage. That they were actually going to donate money to defeat the civil rights of homosexuals in the secular . . . . Continue Reading »

Just in case we haven’t noticed, Pakistan’s president Zardari wants us to know that we are losing the war in Afghanistan. Reports the Daily Telegraph this morning: Mr Zardari warned the international community that it had “lost the battle to win hearts and minds”. In an . . . . Continue Reading »

Suppose the Catholic Church proposed to build a 13-story, 50,000 square-foot showpiece at Ground Zero? Or the 92nd St. Young Men’s Hebrew Association proposed to relocate its facility to the site of the attack on the Twin Towers? Or the Billy Graham Evangelical Association offered to . . . . Continue Reading »

Kurt Gödel was a believer—or, at least, a knower—whose engagement with God included a reworking of the ontological proof of God’s existence. Born in 1906, Gödel was arguably the great mathematician of his time. Certainly no twentieth-century thinker did more to show that the human mind . . . . Continue Reading »

Anne Rice posted this now-notorious comment on her Facebook page Wednesday: I quit being a Christian. I’m out. In the name of Christ, I refuse to be anti-gay. I refuse to be anti-feminist. I refuse to be anti-artificial birth control. I refuse to be anti-Democrat. I refuse to be anti-secular . . . . Continue Reading »

Senior officials of the Federal Reserve now warn that the United States faces a Japan-style deflation and a prolonged period of stagnation like Japan’s “lost decade” of the 1990s. TheNew York Times’ website reports: On Thursday, James Bullard, the president of the Federal Reserve Bank of St. Louis, warned that the Fed’s current policies were putting the American economy at risk of becoming “enmeshed in a Japanese-style deflationary outcome within the next several years.” … Continue Reading »

Every so often, Gallup and other polling companies go around the world asking the citizens of different lands how happy they are. Forbes ’ website today published the most recent iteration of the “happiness” poll , in which the Scandinavians, as usual, came out on top. Also among . . . . Continue Reading »

If Pakistan’s intelligence service continues to plot terrorist attacks with the Taliban in Afghanistan, as the mass of documents released yesterday by Wikileaks allege, who is responsible for covering this up for so many years? The answer, I argue in this morning’s Asia Times Online, is everybody… . Continue Reading »