BUSINESS

Israel's Gilded Age

Paul Krugman, professor of international trade and economics at Princeton University and Nobel Prize-winning economist, speak
Paul Krugman, professor of international trade and economics at Princeton University and Nobel Prize-winning economist, speaks during an interview in Hong Kong, China, on Thursday, Nov. 14, 2013. The European Central Bank (ECB) can do substantially more in principle on the use of forward guidance and quantitative easing, Krugman said. Photographer: Jerome Favre/Bloomberg via Getty Images

Why did Prime Minister Benjamin Netanyahu of Israel feel the need to wag the dog in Washington? For that was, of course, what he was doing in his anti-Iran speech to Congress.

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