This interview is also available on podcast platforms and Rumble.

The whole world is watching as negotiations begin today in Islamabad, Pakistan between Iran and the United States following an agreement to cease military action for two weeks. The negotiations are based on a ten-point plan outlined by Iran and approved by the United States as a basis for the talks.

Israel has not been invited to the negotiations, which are being conducted indirectly and with a great deal of skepticism by the Iranian team. The outcome of these talks will impact the entire global economy and the fate of millions of people in West Asia, six million of whom have already been forcibly displaced by US and Israeli aggression in recent years.

When Donald Trump accepted the GOP’s nomination for president in 2024, he boldly stated that “the Republican platform promises to launch the largest deportation operation in the history of the country.” It was music to the ears of tens of millions of Americans who lived through the Biden border invasion and experienced decades of sustained illegal immigration with little interior enforcement. Finally, a political leader had the gumption to say, “Enough is enough,” and proclaim that it is time for millions of illegal aliens to go home. The American people rewarded Trump’s courage when they decisively re-elected him.

Unfortunately, the second Trump Administration has not lived up to the promises made in that July 2024 speech in Milwaukee. It has instead prioritized removing the worst criminal illegal aliens. With that population estimated at between 500,000 and 800,000 individuals, the administration has focused enforcement resources on a small subset of illegals, prioritizing quality over quantity. But this is a misguided attempt to assuage the concerns of a radical—but sizable—segment of Americans who do not believe in borders or in sovereignty.

In 2011, when U.S. Navy Seals blew open the front door of Osama bin Laden’s fortified compound in Pakistan, stormed up the stairs, and shot him dead, they found more than a loaded AK-47 in his room. Bin Laden had been reading the Yale historian Paul Kennedy’s The Rise and Fall of the Great Powers (1987), which told the story of military conflict since the 15th century. Kennedy’s argument was as dismaying to his fellow countrymen as it must have been heartening to bin Laden: the American empire, too, was mortal, and “imperial overstretch” was bringing inevitable decline. Kennedy wrote with such brio that his book climbed The New York Times bestseller list, peaking in March 1988 at number two, topped only by a real-estate mogul’s ghost-written memoir called Trump: The Art of the Deal.

This year, just days after President Trump committed the United States to join Benjamin Netanyahu’s Israel in bombing Iran into regime change, another Yale historian, Odd Arne Westad, published a book that also warns of relative decline and imperial overstretch. Westad, a Norwegian-born expert on Asia and the author of the highly regarded The Cold War: A World History (2017), focuses on the turn of the 20th century, when Europe’s Great Powers—prosperous, complacent, and at peace—lurched into civilizational catastrophe.

The 2025 Free Trade and Labour Mobility Act and Building Canada Act, also known as Bill C-5, One Canadian Economy Act is the federal government’s economic response to the US Trump Administration’s trade war by “breaking inter-provincial trade barriers, accelerating infrastructure, and unlocking 200 billion dollars in growth.”  In these uncertain times, the government’s attractive pitch to voters is an orientation towards economic efficiency now, prosperity later.

Bill C-5 does target real and persistent economic barriers. Restrictions on labour mobility have prevented qualified workers from moving freely across provinces for work, while overlapping federal and provincial environmental reviews extend project approvals up to five years.

Many years ago, when I was first teaching about demagoguery, a high school friend got in touch with me.

Earlier this week, New York City Mayor Zohran Mamdani, flanked by a multi-hued cast of New Yorkers (though with no whites visible), announced the results of NYC’s long-awaited “racial equity” audit that attempts to assess the allegedly dire plight of “people of color” across the five boroughs.

The report itself, running 375 pages, makes it clear that the state of racial disparities in NYC is rooted in “settler colonialism,” noting that “New York City’s history has been one of colonization, exploitation, and racial oppression.” The report asserts, for example, that the Lenape Native American tribe are the “rightful stewards” of New York.

It also has numerous calls to action, including mandating anti-racism training for government staff and a fresh look at “fine and fee based programs” for transportation to seek out “racial and ethnic disparities”—that is, doing even less to enforce against subway fare evaders, who are predominantly black and Hispanic and who disproportionately commit other crimes on the subway. It decries the “punitive policing policies” that further marginalized “Black and Latine communities”—the very policing measures that drove the city’s historic drop in crime under Giuliani and Bloomberg.

And it goes on in this vein for chapter after chapter. But you get the idea.

New York City is racist, and it’s your fault, whitey, so you must pay even more taxes.

The American Mind’s ‘Editorial Roundtable’ podcast is a weekly conversation with Ryan Williams, Spencer Klavan, and Mike Sabo devoted to uncovering the ideas and principles that drive American political life. Stream here or download from your favorite podcast host.

Genocide or Hyperbole? | The Roundtable Ep. 312

Listen to the full conversation on the Perspectives Journal podcast, available to subscribe on Spotify, Apple Podcasts, YouTube, Amazon Music, and all other major podcast platforms.

Martin Empson is a climate activist from the UK and the editor and a contributor to System Change not Climate Change, a book of essays from socialists around the world on the nature of capitalism’s ecological crisis and the radical response that is needed.

From the department of foreign affairs own website the “G20 brings together the world’s major and systemically important economies.

“Its members represent 85 per cent of global GDP, 75 pr cent of international trade and around 80 per cent of the world’s population”.

Australia has the 15th largest economy in the world. We are “the 12th largest contributor to the UN regular and peacekeeping budgets, held the first presidency of the Security Council and sent the first UN peacekeepers to Indonesia in 1947.

All this to say that in the post war period, Australia isn’t – and hasn’t – been powerless.

We are not a small nation with no agency. We’ve proven that time and time again.

So you have to wonder why our government goes to such extraordinary lengths to present Australia as being powerless against the United States, a passive player at the mercy of Donald Trump’s tempests.

Even if you believe, as former DFAT, Defence and ASIO boss Dennis Richardson told the Sydney Morning Herald late last week that – “the Australian government is not paid by the taxpayer to let fly and give them five seconds of warm inner glow by saying things that wreck the relationship with the US … The idea they should be calling Trump out is just rubbish”– the idea that Australia has no power is a very strange development in modern times.

After the Australian government shamelessly abandoned morality and international law to back Israel and the United States’ illegal war on Iran, Australia is now experiencing the inevitable consequences, and successive federal governments have failed to plan for those too.

Cowardly abandoning the international rules-based order when our so-called allies wage illegal wars makes all Australians less safe and less secure. But higher petrol prices and higher gas prices will mean a lower standard of living for most Australians, and that is where the federal government is really in trouble.

“This is the biggest threat to energy security in history,” International Energy Agency (IEA) chief Fatih Birol told ABC’s 7.30 this week. It’s no exaggeration. In response to being attacked by Israel and the United States, Iran closed the Strait of Hormuz, resulting in an estimated 20 per cent of the world’s gas and oil exports grinding to a halt, sending petrol prices skyrocketing here and around the world.

Iran also retaliated against US-aligned Gulf states like Qatar, bombing its LNG facilities and wiping out almost 20 per cent of global LNG supply. These twin energy crises have major implications for Australia; let’s start with petrol and Australia’s liquid fuel security.

It was the right that derailed Australia’s energy transition, that prioritised fossil fuels above the nation, that fought reality and convinced a slew of Australians it was common sense to put their faith in a finite resource that was not only contributing to killing the planet, but causing harm to millions in the fights over who controlled it.

It is a fantasy to think that any nation that does not control its energy supply has security. Australia could have been well on its way to securing its energy, if John Howard and his ilk hadn’t had a tantrum over a changing world, and succumbed to their desires to keep everything the same.

The Morrison government gave instant tax write-offs to encourage the take-up of big dumb utes, while fighting against vehicle emission standards and delaying the take-up of EVs.

The agriculture industry was not encouraged to move away from its reliance on diesel. A general ennui swept middle Australia, lulled by the right into fighting for its own interests.

Nor is Labor blameless. Instead of fighting for science and for the future, it took defeats over the carbon price and emissions trading scheme and assumed the only way to beat them was to join them.

Neither party has seen fit to unhook Australia from US foreign policy, and Anthony Albanese was one of the first leaders in the world to throw his support behind the American and Israeli decision to bomb Iran, despite not knowing of it in advance, its justification, its legality or even its objectives.

On this episode of Dollars & Sense, Greg and Elinor discuss Trump’s horrific threats against Iran, whether Australians should be concerned about a recession as a result of the global uncertainty the US president is causing, Matt Canavan’s plans for an economic revolution, and why land values have skyrocketed while the value of the dwellings on the land hasn’t changed much at all.

This discussion was recorded on Thursday 9 April 2026.

Visit The Point for research and analysis from experts at the Australia Institute and beyond.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

Is Australia headed for a recession? I hope not – but the RBA should be more worried by Greg Jericho, Guardian Australia (April 2026)

After America, the Australia Institute

This article is read by Eunice Wong. You can find her work at www.eunicewong.actor.

Text originally published January 19, 2026.

Why the Ceasefire is Doomed

 — Author: Chris Hedges — Wednesday 8th April 2026

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What’s On Apr 6-12 2026

 — Organisation: Free Palestine Melbourne — Monday 6th April 2026

What’s On around Naarm/Melbourne & regional Victoria: Apr 6-12, 2026

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04/07/2026 Market Update

 — Organisation: Applied MMT — Wednesday 8th April 2026

Preview

Markets finally got the catalyst they needed.

Tonight’s ceasefire announcement between the Trump administration and Iran has sparked the sort of move that can change the short-term character of this market very quickly. Equities responded exactly how you would expect when a major pocket of uncertainty gets lifted: aggressively, and all at once.

The bigger point, though, is that this rally did not come out of nowhere. The data was already getting very close to a proper turn. Tonight’s news may have simply been the final push that kicked off the move we had been waiting for. In the full update below, I go through the playbook, where the buy signals stood before tonight, what this changes, what still needs to be watched, and why I think this likely marks the beginning of the next leg higher.

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Yanis Varoufakis on misogyny, resistance and why everything could be different

 — Organisation: The Australia Institute — Wednesday 8th April 2026

On this episode of Follow the Money, we bring you highlights from the recent Australian tour of economist and author Yanis Varoufakis, with contributions from a cast of very special guests. Across live events in Adelaide, Sydney and Melbourne, they discuss misogyny, political power, the erosion of Palestinian rights, and Yanis’ latest book, Raise Your Soul: A Personal History of Resistance.

Become an Australia Institute supporter today.

Guest: Yanis Varoufakis, economist & author // @yanisvaroufakis

Guest: Clare Wright OAM, Professor of History and Professor of Public Engagement, La Trobe University // @clarewrighthistorian

Guest: Randa Abdel-Fattah, Future Fellow in Sociology, Macquarie University // @RandaAFattah

Guest: Richard Denniss, co-Chief Executive Officer, the Australia Institute // @richarddenniss

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The War in Iran Is a Mistake

 — Organisation: The Claremont Institute — Tuesday 7th April 2026

No mere politician in modern history has had a wartime general’s capacity for decision-making amid chaos like President Trump. His force of character (“Fight! Fight! Fight!”) and his appeal to the everyman (with the boorishness thereof) reveal an instinctual giant who is at his best while disorder surrounds him.

However, one who thrives in chaos often rejects the peace and order of civilization and tends to gravitate to the home turf of mayhem. Consequently, Trump may still pull a rabbit out of the hat in Iran. But the odds continue to stack against him.

The American people voted for him multiple times on his assurance of peace and promises of foreign adventurism to be a thing of the past. As Trump repeatedly noted on the campaign trail, American blood and treasure had been treated far too cheaply by both Presidents Bush and Obama. He vowed to stop that bipartisan trend.

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Social Democrats of the North: École Sociale Populaire

 — Publication: Perspectives Journal — Tuesday 7th April 2026

Listen to the full conversation on the Perspectives Journal podcast, available to subscribe on Spotify, Apple Podcasts, YouTube, Amazon Music, and all other major podcast platforms.

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The Fed Has Two Tools to Influence Money Market Conditions 

 — Organisation: Federal Reserve Bank of New York — Publication: Liberty Street Economics — Monday 6th April 2026

Adam Copeland and Owen Engbretson 

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“Values” Are Not the Answer

 — Organisation: The Claremont Institute — Monday 6th April 2026

What is it, according to Francis Fukuyama, “for which we should be willing to struggle and die today,” and how does history—Western civilization—inform our answer to this permanent question?

Fukuyama thinks history has bequeathed us liberal “values” sufficient for the purpose. Spencer Klavan thinks history has quite a bit more to offer. Fukuyama has made a career out of the “end of history.” Klavan points the way to careers for young Americans in the continuation and making of history. He thinks the 250th anniversary of American independence is a good time for Americans to reflect on how Western civilization has always informed our answer to this question and continues to do so.

Nothing could be more edifying for Americans than a true and sufficient answer to the unsettling question of what they should be willing to fight and die for. Klavan thinks that if Americans are to be properly edified, they will “need to recover a sense of their country as an era-defining project, forward-looking but steeped in ancient traditions of faith and law—not just a Western nation, but the Western nation par excellence.” Here, to quote Walter Berns, I will hope to do “nothing but edify.” Berns gave that phrase currency among small circles back in the early 1980s, accusing Harry Jaffa of misunderstanding Leo Strauss when Jaffa claimed Strauss thought philosophy, or even political philosophy, might have some place in saving Western civilization—and America.

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Is the War In Iran About to Become Apocalyptic? (w/ Trita Parsi) | The Chris Hedges Report

 — Author: Chris Hedges — Monday 6th April 2026

This interview is also available on podcast platforms and Rumble.

Recently, United States President Donald Trump has been issuing a series of soft deadlines to pressure Iran to fully open the Strait of Hormuz. On Easter Sunday, in what would be a serious escalation of the conflict, President Trump threatened to target “bridges and power plants” and to “bomb Iran back to the Stone Age” beginning on Tuesday if Iran refuses his demands. To better understand what the ramifications would be if President Trump follows through on his threats, Chris Hedges sits down with Trita Parsi, an expert on US-Iranian relations and the geopolitics of the Middle East.

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Invernadero para el Desarrollo: Reordenando la Economía Mixta y el Capitalismo de Estado

 — Publication: Progress in Political Economy — Monday 6th April 2026

En 1999, el Servicio Postal Mexicano, que por entonces era de propiedad estatal, emitió un sello conmemorativo para celebrar los sesenta y cinco años del banco de desarrollo ‘Nacional Financiera’ (Nafin) de México.

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The Renegade Academy

 — Organisation: The Claremont Institute — Monday 6th April 2026

When Allen C. Guelzo and James Hankins began writing The Golden Thread, their two-volume History of the Western Tradition, they were both Ivy League professors. By the time it was published, neither of them was. Hankins, whose first volume on The Ancient World and Christendom sweeps from Greco-Roman and Jewish antiquity to the European Renaissance, gave his last lecture as a history professor at Harvard late last year. Guelzo, whose second volume on The Modern and Contemporary West begins with the Protestant Reformation and ends hauntingly with images of the World Trade Center shortly before its destruction, left Princeton last fall. Both authors are now faculty members at the University of Florida’s Hamilton School for Classical and Civic Education, established in 2022. The Golden Thread is a momentous achievement. It’s also a landmark event in the history of American letters. Its appearance signals that the country’s most prestigious universities have all but given up on maintaining the intellectual foundations of the West. For the time being, perhaps, the stewards of civilization will have to do their work outside the gates of the old academy. They will have to build something new.

***

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No Right Is Ever Safe – but Progress Is Possible

 — Author: Thomas Zimmer — Saturday 4th April 2026

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Will There be a Ground Invasion of Iran? (w/ Col. Larry Wilkerson) | The Chris Hedges Report

 — Author: Chris Hedges — Saturday 4th April 2026

This interview is also available on podcast platforms and Rumble.

More than one month into the American-Israeli war on Iran, the US military has expended a significant amount of its arsenal and many billions of dollars without making any progress in meeting its illusory and often-changing objectives. As the White House and Pentagon, and the markets, panic, the United States has begun deploying troops and resources to the region in preparation for a possible ground assault. This raises significant questions about what type of campaign the US is capable of waging and whether, as analysts are saying, fighting the Iranian military on its own terrain would be a bloodbath for US troops. Would putting boots on the ground embroil the US in another prolonged quagmire, similar to other recent US wars in the region, that would end in defeat?

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What DeepMinsky Says About the Oil Shock: A Market Simulation

 — Organisation: Applied MMT — Friday 3rd April 2026

Why Rising Oil Prices May Not Break This Market

Last night, Donald Trump delivered an address to the nation, offering an update on the ongoing conflict with Iran. The takeaway, at least from my perspective, was fairly clear: the message to the rest of the world was essentially, you deal with the Strait of Hormuz, while we may still have more to do with Iran. Markets initially did not like that framing at all.

Futures sold off heavily overnight. But interestingly, by the time the regular session unfolded, we saw a strong recovery. In fact, from the lows we saw on Friday to where things stand now, the S&P 500 has bounced roughly 4%. That raises an important question: are markets beginning to stabilize, even with oil continuing to surge?

Because while equities have started to recover, oil has been having another explosive move higher. As I’m writing this, WTI is sitting around $113 per barrel, and markets are clearly preparing for the possibility that prices could climb further. The issue now is no longer just whether oil is rising, but what that rise actually means for growth, inflation, and the broader market outlook.

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How I ended up defining demagoguery as I do

 — Author: Patricia Roberts-Miller — Friday 3rd April 2026

Why does demagoguery matter? And why does it matter how we define it?

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Is Iran the 'Leading State Sponsor of Terrorism?' (w/ John Kiriakou) | The Chris Hedges Report

 — Author: Chris Hedges — Friday 3rd April 2026

This interview is also available on podcast platforms and Rumble.

In an attempt to justify and garner popular support for the American-Israeli war on Iran, the Trump administration is pressuring its allied nations to join the US in designating Iran’s Revolutionary Guard Corps as the world’s greatest sponsor of state terrorism. The administration points to Iran’s participation in the Axis of Resistance, which includes Hezbollah in Lebanon, Hamas in Palestine and Ansar Allah in Yemen, as evidence for its position. This raises the question of whether Iran, by supporting proxy organizations, is doing anything differently from what US intelligence agencies have done for many decades.

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How the Beltway Media Machine Works

 — Organisation: The Claremont Institute — Thursday 2nd April 2026

It’s a running joke in the Beltway that defense contractors put up billboards advertising, say F-35s, at the Pentagon City metro station. Your everyday commuter, even in Washington, isn’t picking up fighter jets off the shelf at Costco on Sundays. But a chunk of the people who work on defense contracts will pass through the Pentagon’s metro stop, and Lockheed Martin knows this.

In theory, the same logic fuels D.C.’s media business. In the last two decades, the capital city has become dominated by a constellation of powerful media outlets that deliver niche, social-media-based coverage of the federal government. Think Politico, Semafor, Punchbowl News, and Axios (the latter two evolved directly from the Politico model).

These publications produce insider email newsletters that cover the daily pulse of Capitol Hill, energy policy, foreign affairs, and the White House, and are written specifically for staffers, journalists, and lobbyists. Playbook famously includes a birthday list every morning; that’s how small the audience is relative to other national publications. Web 2.0 made this business model possible, and it’s only grown as mass media flails.

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It’s time to tax gas properly

 — Organisation: The Australia Institute — Thursday 2nd April 2026

On this episode of Dollars & Sense, Greg and Elinor discuss the prime minister’s national address on the impacts of the US-Israel war on Iran, policy responses to fuel price hikes, Australia’s gas giveaway and Greg’s visit to a gas conference.

This discussion was recorded on Thursday 2 April 2026.

Check out our Australia’s Gas Giveaway live tracker.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

Prices skyrocket but major fuel shortages “very unlikely”, Follow the Money (April 2026)

Australia’s land value has gone through the roof. Where does that leave young people who want to buy a home? by Greg Jericho, Guardian Australia (April 2026)

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Treasury Market Liquidity Since April 2025

 — Organisation: Federal Reserve Bank of New York — Publication: Liberty Street Economics — Thursday 2nd April 2026

Henry Dyer and Michael J. Fleming

In this post, we examine the evolution of U.S. Treasury market liquidity over the past year, which has witnessed myriad economic and political developments. Liquidity worsened markedly one year ago as volatility increased following the announcement of higher-than-expected tariffs. Liquidity quickly improved when the tariff increases were partially rolled back and then remained fairly stable thereafter (through the end of our sample in February 2026), including after the recent Supreme Court decision striking down the emergency tariffs and the subsequent announcement of new tariffs.

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Talent We Already Have: Unlocking Productivity Through Migration

 — Organisation: Per Capita — Thursday 2nd April 2026

By Dr Wesa Chau, Executive Director

Yesterday I listened to Violet Roumeliotis AM and Dr Martin Parkinson speak at the National Press Club about skills shortages, productivity, and the persistent underutilisation of migrant skills in Australia. Their discussion highlights a fundamental contradiction in Australia’s labour market: at a time of acute workforce shortages and slowing productivity growth, we are failing to make effective use of the skills already within our borders. This is not simply an issue of fairness or social inclusion—it is a structural economic failure.

This reality is not surprising to me. Having worked with migrants, refugees, and international students for over 25 years, I have seen countless examples of people who are highly capable, qualified, and motivated, yet unable to secure employment commensurate with their skills. Too often, opportunities are denied because of an accent, a lack of so‑called “Australian experience”, or unfamiliar qualifications—barriers that are cultural and systemic rather than reflective of actual competence.

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A missed opportunity | Between the Lines

 — Organisation: The Australia Institute — Thursday 2nd April 2026

The Wrap with Dr Emma Shortis

What a missed opportunity.

Last night, the Australian Prime Minister had the chance to face reality. His address to the nation was a recognition that Australians are deeply worried about the state of the world – as they should be. Our world is in real trouble, and there is every indication that the trouble is going to get worse.

What the prime minister did not say is that this trouble lies at the feet of the President of the United States.

Photo: AAP Image/Lukas Coch

Keep reading

— Dr Emma Shortis is Director of The Australia Institute’s International & Security Affairs Program.

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