In recent years, rhetoric pertaining to the American economy has become increasingly contentious. Resolving the atrophying sector of American manufacturing, dealing with a stubbornly-high unemployment rate and striking an equilibrium between government and private markets mark a few of the…
Silicon Wadi: Israel’s economic future
Chances are, you have heard of Silicon Valley. Often mistakenly attributed to successful entrepreneur Ralph Vaerst, the term “Silicon Valley” refers to a large swath of Bay Area land replete with both large and small technology firms — the growth…
Income inequality in Israel: neither capitalism nor Netanyahu are to blame
This article is in response to Miriam Pinski’s piece entitled “Income inequality in Israel: Netanyahu’s neo-conservative policies,” which was published in Ha’Am on Sunday, March 10, 2013. I would like to make it clear that I respect the writer of…
Departure of Israel’s economic wizard creates uncertainty
Of all the terms readily associated with the Middle East, “resilient” and “stable” are refrains mostly designated for other regions. However, largely to the credit of the governor of the Bank of Israel, Stanley Fischer, the Israeli economy has managed…
When Americans cannot compete, we all lose
Home to the second largest Jewish community, with some 5.2 million Jews, the United States’ political climate is undermining the ability of its citizens to trust their government. Paul Krugman, Nobel laureate in economics, opined in his blog Economics and…
Ultra-Orthodox Jews, unemployment rates, and the Israeli economy
As Americans and inevitable participants in this country’s financial infrastructure, we are all acutely aware of the unforgiving crisis engulfing the economy of the United States and spreading to the rest of the world. In the wake of the ailing…
Jewish Ideals Stand Strong Amidst Occupy Wall Street Anti-Semitism
What began on September 17th, 2011 at Zuccotti Park in New York City as a protest against purportedly greedy Wall Street executives has become a global mutiny of epic proportions. As of October 20th, demonstrators in nearly one thousand cities…