The Guardian published a letter yesterday signed by 100 Jews objecting to a previous letter by more than 100 Labour MPs protesting the Labour Party’s decision to readmit Derby North MP Chris Williamson, an ardent Corbyn ally, back into the party after he was temporarily suspended for suggesting Labour was “too apologetic” about antisemitism.

The letter (Jewish support for Chris Williamson, July 8) repeats the familiar smear that the real aim of Jews and others who accuse Jeremy Corbyn and his supporters of antisemitism is to undermine the Labour party’s leadership and “all pro-Palestinian members” – a version of what’s known as the Livingstone Formulation. This term, coined by Professor David Hirsh, refers to a line of argument insisting that Jews raise the issue of antisemitism cynically and dishonestly in order to silence criticism of Israel.

The full list of signatories to the letter includes extreme (non-British) anti-Israel, pro-terrorist…

I recently came across this excerpt from a longer interview of Milton Friedman conducted by Brian Lamb on Cspan in 1994. In this excerpt Lamb asks Friedman what he thinks of the Fed, and Friedman, barely able to contain his ideological fervor, quickly rattles off his version of the history of the Fed, blaming the Fed, at least by implication, for all the bad monetary and macroeconomic events that happened between 1914, when the Fed came into existence, and the1970s.

Here’s a rough summary of Friedman’s tirade:

I have long been in favor of abolishing [the Fed]. There is no institution in the United States that has such a high public standing and such a poor record of performance. . . . The Federal Reserve began operations in 1914 and presided over a doubling of prices during World War I. It produced a major collapse in 1921. It had a…

Rawls, John. 1993. “The Law of Peoples.” Critical Inquiry 20 (1). University of Chicago Press: 36–68. http://www.jstor.org/stable/1343947.

• This is the kind of paper that must be chewed and digested, not merely tasted and swallowed.
• It is necessary that you have at least a cursory knowledge (although familiarity is recommended) of the author’s work on justice as fairness, especially the notion of the original position behind the veil of ignorance. For an interesting introductory discussion on the concept, check out Michael Sandel’s lectures from the course: “Justice: What’s The Right Thing To Do?” The topic is introduced here and continued here.)
• Sections under square brackets and cast in monotype font can, perhaps must, be skipped on first reading. End notes, on the other hand, must not be skipped.

Introduction

The essay seeks to develop a “law of peoples” out of “liberal ideas of justice”.^[1] By a…