We're evil, pure and simple
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Probably a bit too much monetary policy if you look at asset prices, though should be noted small countries are not really monetarily sovereign.https://www.numbeo.com/cost-of-living/country_result.jsp?country=Israel&displayCurrency=USD …
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Also alive in Israel: lots and lots of corruption.
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@paulkrugman please tell Tyler how bad the inequality has become in Israel -
Of course, and my piece mentions the cost of living problem. But living standards are still much higher than before.
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"In the last half century or so, Israel went from being a relatively poor country to one of the 25 richest in the world" - wrong, Israel was in the lower part of the western countries in the 1950's and stayed there until now (GDP per capita, source - Maddison Project Database)pic.twitter.com/vKNsL4MyJu
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"Israel has done this largely by pursuing trade, integration into the global economy, liberalization of its economy" - false, for most of it's history Israel restricted liberalization and trade more than most developed countries, and it is continuing to do so in agriculture
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