David P. Goldman is a senior editor of First Things.

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Deflation and the Equity Risk Premium

From First Thoughts

I posted this piece earlier today at the Asia Times “Inner Workings” blog. Normally I don’t double post, but this is a cool piece of analysis. Pardon me for repeating myself. In the crudest version of the dividend discount model, the stock price P is a function of earnings and . . . . Continue Reading »

President Obama Is Not Even A Muslim

From First Thoughts

Today’s Google News leads with a new poll showing that 18% of Americans think that Barack Hussein Obama is a Muslim. Only 34% of Americans think he is a Christian, down from 48% a year ago. And 43% gave the correct answer: they don’t know what he is.The great physicist Wolfgang Pauli . . . . Continue Reading »

The Heidegger Puzzle

From First Thoughts

The recent publication of transcripts of Martin Heidegger’s 1934 Freiburg seminars on Being, the People and the State simply adds to the confusion over the philosopher’s relationship to Nazism. Michael Wyschogrod reviewed Emanuel Faye’s widely-read book on Heidegger in the March . . . . Continue Reading »

Misunderstood Jezebel

From First Thoughts

Poor Queen Jezebel, the misunderstood Phoenician feminist who fought for pluralism and Middle East peace against the narrow  nationalists of her time. Or so writes Janet Howe Gaines of the University of New Mexico  in the Biblical Archaeology Review, linked to this morning by Jewish Ideas . . . . Continue Reading »

How Are You Pronouncing “Pyrrhic”?

From First Thoughts

A degree of resignation over the gay marriage issue is evident from the conservative camp, marked by Matthew Lee Anderson’s exchange with Ross Douthat over how supporters of traditional marriage should respond. It seems likely that our side will lose, but in my view we should fight tooth and . . . . Continue Reading »

David Malpass’ Senate Campaign

From First Thoughts

I’ve known David Malpass for more than twenty years. He was a comrade-in-arms in the supply-side wing of the Republican party as an official at the Reagan Treasury Department, and later a colleague at Bear, Stearns (he was chief economist while I was fixed-income strategist).  He’s . . . . Continue Reading »