Scandal of the Schoolbooks

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It started with a boycott of cottage cheese. Next were protests against high apartment prices and rentals. Then there was daycare, baby items (!) and now electricity. Israelis are protesting high prices everywhere. I'm not sure there is an easy way to solve most of these problems. Health care is cheap here but apartments are not. Vegetables are cheap but dairy products are not. There are issues with corruption and cartels, yet we have  a stable economy and low unemployment. The protesters seem to want the government to control prices, and have taxpayer money subsidize most of our basic needs. While I understand the motives for the protests, the ramifications concern me. I'm no economic … [Read more...]