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*** NYTimes: Putin Only Cares About One Thing, and It’s Not Oligarchs ^

Putin Only Cares About One Thing, and It’s Not Oligarchs nyti.ms/3ur3LD0

“The only people who can truly sway Mr. Putin are ideologues who share his views, the so-called siloviki. The word literally means people with force — the power that comes from being in the security forces or military. These insiders have been with Mr. Putin since his days in the K.G.B. or in the St. Petersburg municipal government, and they see themselves as protectors of Russia’s power and prestige. They have kept their money mostly inside Russia and out of reach of sanctions. And like Mr. Putin, they see the dissolution of the Soviet Union as the greatest catastrophe of the 20th century, and believe this fight is for Russia’s “sovereignty and the future of our children.”

To influence them, the West must prioritize the things that they believe give Russia its superpower status: its oil and its military.”

**** NYTimes: Larry Summers Shares the Blame for Inflation

Larry Summers Shares the Blame for Inflation nyti.ms/3M80vEx


“In a 2020 interview with The American Interest, he acknowledged the need to develop industrial capacity in the U.S. “In general, economic thinking has privileged efficiency over resilience, and it has been insufficiently concerned with the big downsides of efficiency,” Mr. Summers said. “Going forward we will need more emphasis on ‘just in case’ even at some cost in terms of ‘just in time.’ ”

But it’s not enough for him to simply acknowledge the downsides of efficiency. There is a live debate over how to solve the problem going on right now, as the Biden administration takes the first steps toward prioritizing resilience by attempting to re-regulate shipping companies, encourage competition to weaken corporate pricing power, and support domestic manufacturing. Mr. Summers shouldn’t be an obstacle to this effort or even an interested bystander, watching it unfold; he should be an active enthusiast for cleaning up the mess he made.”

***** NYTimes: Why Is Putin at War Again? Because He Keeps Winning.

Why Is Putin at War Again? Because He Keeps Winning. nyti.ms/3HoYMH7

“ It was once popular to mock the Russian president for his 19th-century worldview, but his use of military power to bolster Russia’s influence has worked in the 21st century. The West’s assumption that the arc of history naturally bends in its direction is looking naïve. So, too, is the decision to let our military advantage slip. Soft power and economic influence are fine capabilities to have, but they cannot stop Russian armor as it rolls toward Kyiv.”