Page 8 - Pakistan Link - May 28, 2021
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P8  –  PAKISTAN LINK  –  MAY 28, 2021                                                                                                 OPINION
                  n By Dr Syed Amir                    Napoleon’s Egyptian Odyssey:                                      were able to overwhelm the defenders.
                                                                                                                             From there, Napoleon’s army marched
                    Bethesda, MD                                                                                         through the pitiless desert in scorching heat
              apoleon Bonaparte died on May 5,                  Two Centuries Later                                      toward Cairo, the ultimate prize. Many sol-
              1821, age 51, in a small, rat-infested                                                                     diers died of thirst and exhaustion. On July
        Nhouse in St Helena, a forlorn island                                                                            21, they sighted the formidable Mamluk cav-
        in the middle of Atlantic Ocean. His death                                                                       alry “attired in gleaming gold and silver and

                   bicentenary was commemo-                                                                              armed with carbines, pistols and sabers.” The
                   rated recently in numerous ar-                                                                        pyramids were clearly visible from where Na-
                   ticles and commentaries that                                                                          poleon’s army was arrayed. Before the battle,
                   reexamined his legacy, char-                                                                          Napoleon exhorted in a speech that has be-
                   acter, and accomplishments.                                                                           come a classic; “Forty centuries of history was
                       Various institutions in                                                                           gazing down on them from top of pyramids.”

                   France have proclaimed the                                                                            The Mamluks fought bravely under Murad
        year 2021 as the Year of Napoleon, and a                                                                         Bey, but were ill-equipped, ill-prepared and
        grand exposition about him is scheduled to                                                                       centuries behind in the battle technique. The

        open this spring in Paris. Yet, he remains                                                                       outcome was a forgone conclusion. It was a
        a highly contentious figure, and even the                                                                        massacre.

        French feel conflicted about him and his im-                                                                         At age 29, Napoleon became the ruler of

        pact on world history.                                                                                           Egypt, styling himself as a Turkish Pasha, and
            There are good reasons for this ambiva-                                                                      liked to be titled as Sultan Kebir. To placate

        lence. Napoleon has been described variously                                                                     the local population, he declared his respect

        as one of the most brilliant and gifted military                                                                 for Islam and his belief in the oneness of Al-
        leaders, a secular ruler who promoted equal-                                                                     lah. He told an assembly of Ulema that “The


        ity of all people in the eyes of law, established                                                                French are also faithful Muslims. The truth is
        the Bank of France, framed the modern legal                                                                      that they invaded Rome and have destroyed
        code and initiated an education system still                                                                     the throne of the Pope, who always incited
        in use in France and elsewhere. However, to   wrote, “Having occupied and fortified Egypt,   the Mongols at Ayn Jalut in 1260, shattering   the Christians to make war on the Muslims.”

        his detractors he was an evil genius who kept   we shall send a force of 15,000 men from   the myth of Mongol invincibility. However,   On the prophet’s birthday, he organized a big
        Europe in turmoil for decades, needlessly in-  Suez to India, to join the forces of Tipu-Sa-  in  the three centuries  since,  they had  not   celebration. In August 1798, he founded the
        vading and ravaging other countries, and was   heb and drive away the English.” Resistance                       Institut d’ Egypt, where French savants were
        responsible for countless deaths.     from the Directory faded. By the time Tipu’s                               housed.
            One of the historic events in his early   delegation arrived at Paris in April 1798, Na-  Various institutions in   While Napoleon was enjoying a luxuri-
        career was the French invasion of Egypt, the   poleon was ready to embark on the Egyptian   France have proclaimed   ous life in Cairo, disaster struck.  On August
        consequences of which reverberated across   campaign with an army of 38,000 highly ex-                           1, 1798, British Admiral Nelson’s naval forces
        the centuries. Napoleon had been fascinated   perienced soldiers, 16,000 sailors, and a 194-  the year 2021 as the   located and destroyed the French fleet in the

        by Egypt since his childhood. Besides, in   ship armada.                                                         Battle of Nile, blocking the return of the army

        France, many were enamored of the idea that   In addition to assembling a fine fight-  Year of Napoleon, and a   to France. Besides, insurrections against the

        colonization of Egypt would compensate for   ing machine, Napoleon made an exceedingly                           French erupted in Cairo. Napoleon, regard-
        the loss of French colonies in North America.   unusual move.  He recruited a consortium   grand exposition about   less, pushed ahead with his plan, with an at-
        England and France had been at loggerheads   of France’s best intellectuals and scientists,   him is scheduled to open   tack on Syria and present-day Israel. The de-

        in Europe and their rivalry extended to India   a  group  comprising  150  mathematicians,                       teriorating situation in France, forced him to
        where they were competing for supremacy.   physicists, geographers, astronomers, doc-  this spring in Paris. Yet,   stealthily return to Paris in 1799, leaving his
        The East India Company had gained an up-  tors, chemists, botanists, representing the en-  he remains a highly   forces stranded behind.

        per hand, but Tipu Sultan of Mysore (1750-  tire spectrums of known sciences, equipped                               The French occupation of Egypt was



        1799) was in the way of British takeover of   with a library of 300 volumes. They agreed   contentious figure, and   short-lived (two years); however, it had two

        the country.                          to join him on the premise that they would                                 enduring effects. First, it brought home to the
            The Sultan realizing that he lacked the   have unparalleled new research opportuni-  even the French feel    Muslim world their backward status in sci-

        power to defeat the English, sought help   ties. However, no one was told the exact des-                         ence and technology, compared to Europe.

        from foreign countries, including the Otto-  tination of the mission.         conflicted about him and           Second, the team of scientists Napoleon
        man Empire and France. In 1787, he sent an   Egypt had been a semiautonomous   his impact on world history       had  brought  performed  remarkable  scien-
        embassy to Paris to the court of King Louis   province of the Ottoman Empire since Sultan                        tific work. Their findings were compiled into



        XVI, the last French king, seeking an alli-  Selim I defeated the Mamluk Sultan Tuman                            twenty-three volumes of the Encyclopedia of
        ance; however, before anything could materi-  Bay in 1517. From then on, Turkish Pashas                          Egypt, which meticulously documented de-
        alize, the monarchy was overthrown in 1789   had ruled Egypt, with varying degrees of au-  learnt any new war tactics or the use of mod-  tails about Egypt, spanning the ruins of the
        by the French revolution. When Napoleon   tonomy. However, at the time of the French   ern weapons.              pyramids to the entomology of native insects
        gained ascendency in the ruling hierarchy,   invasion nearly three centuries later, Egypt   On May 19, 1798, Napoleon’s flotilla set   and plants. Importantly, it opened a new

        contacts were revived with him.       was again ruled by the Mamluks, with only   sail for the Egyptian port of Alexandria. They   vista of knowledge to the Europeans which




            Napoleon conceived a grand plan to   nominal affiliation with the Ottoman Em-  successfully eluded the naval fleet of British   they never had before.
        colonize parts of Middle East and ultimately   pire. Mamluks were originally slave soldiers,   Admiral Nelson, who had been looking for   (Dr Syed Amir is a former Assistant

        reach India and drive the English out. To per-  who had accumulated great power and had   them in the Mediterranean Sea. The French   Professor, Harvard Medical School, and a



        suade the Directors to agree, who would have   become rulers. They were fierce fighters and   arrived at Alexandria on July 1, surprised the   health  science  administrator,  US  National
        preferred an invasion of England instead, he   were the only Muslim power who had routed   defenders at night and after a brutal combat   Institutes of Health)


                      The Worst-Kept Economic Secret in America: High Inflation Is Back


          n By Dr Mark W. Hendrickson  an all-time high. Steel, too, recent-  “urban basket of goods” that often   cording to the Department of Labor.  certainty about future prices,

                     PA               ly traded at prices 35% above the   bears little relation to what you and   The Federal Reserve (Fed) has   numerous businesses are strug-
                                      previous all-time set in  2 0 08 .   I actually buy. The CPI, excluding   assured the public that the current   gling to determine how much to


             o most people, “inflation”   Perhaps most famously, the price of   food and energy, rose “only” 0.9%   inflation is transitory and that they   produce, and thus are more likely


             signifies widespread rising   lumber has nearly quadrupled since   in March. That doesn’t sound like   have it under control. I don’t know   to over-produce or under-produce.



        Tprices. Economists have      the beginning of 2020 and has near-  much, but it was the biggest one-  the future any more than Fed offi-  Furthermore, if inflation causes

        long argued, as a matter of tech-  ly doubled just since January.                         cials do, but I do not share their con-  foreigners to lose confidence in the


                   nical accuracy, that   Naturally, with raw materials   The cost of driving is   fidence. I am skeptical because: first,   dollar, there could be an exodus


                   “infl ation”  denotes   prices soaring, prices of manufac-                     the Fed since its inception has had   from  the  dollar  that  could  end  its
                   an increasing mon-  tured goods are jumping, too. That is  soaring, too. According   a terrible track record accomplish-  status as the principal global reserve

                   ey supply. Frankly,   especially noticeable in the housing   to J.D. Power, cited   ing any of the tasks assigned to it by   currency, thereby triggering an
                   though, most people   market, where the median price of                        Congress; second, it’s impossible for   even steeper decline in the dollar’s

                   don’t care what hap-  existing homes rose to $329,100 in   in The Wall Street   the Fed or any other entity to con-  purchasing power.
                   pens to the supply of   March—a whopping 17.2% increase                        trol millions of prices and therefore    The quantity of dollars al-


        money, but they care a lot about   from a year earlier.       Journal, the average        to control the rate of inflation (to be-  ready has risen 32.9% in the last
        the prices they pay, so I’ll focus   The cost of driving is soaring,   used car price has risen   lieve otherwise is a central planner’s   17 months (mostly due to the fed-

        primarily on the numerous rapidly   too. According to J.D. Power, cited                   conceit).                     eral government’s mind-boggling
        rising prices Americans are paying   in The Wall Street Journal, the aver-  16.7% and new car   Tragically, the Fed has been try-  spending binge). It’s possible that we

        today.                        age used car price has risen 16.7%   prices have risen 9.6%   ing for years to boost inflation to 2%   have passed a tipping point where

            Following are several examples   and new car prices have risen 9.6%                   annually. How bizarre that our cen-  prolonged inflation higher than the


        of the current inflation:     since January.                      since January           tral bank would deliberately strive   hoped-for and already-objection-
            Corn, soybeans, and wheat      So, are you depressed yet? Per-                        to reduce the value of our money.   able 2% is unavoidable.
        have been trading at multi-year   haps you can take some comfort in                       At 2% per year, money loses half its   Hang on tight, folks. We could
        highs, with corn having risen from   Uncle Sam’s official price indexes   month increase since 1981 when, for   purchasing power in 35 years. That   be in for a rough ride in the months



        around $3.80 per bushel in January   where the price increases seem (at   those of you too young to remem-  would be half of your nest egg, Mil-  ahead. (Dr Mark W. Hendrickson is


        2020 to approximately $6.75 now.   least  at  first  glance)  less  jarring.   ber, annual inflation was 10.32%. As   lennials!  a retired adjunct faculty member,

        Chicken wings are at all-time record   But remember that the most com-  for the Producer Price Index (PPI),   Today’s inflation is already   economist, and fellow for economic
        highs. It is getting more expensive to   monly cited inflation indicator, the   which generally precedes increases   problematical. A higher cost of liv-  and social policy with the Institute

        eat.                          Consumer Price Index (CPI), is   in consumer prices, it is increasing   ing falls hardest on the poorest   for Faith and Freedom at Grove City
            Copper prices have risen to   computed on the basis of a mythical   at the highest rate since 2010, ac-  Americans. Given  the  present  un-  College)
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