You are listening to an art media podcast.

You know, we talk about moral hazard with a seatbelt.

Like, you know, if you have a seatbelt, you might drive more recklessly.

Well, you know, with Israel's, our sort of seatbelt in the Middle East, we might carry out a more kind of reckless policy,

be more inclined to get out of there because we know that they have our back. It's a little bit

of an inversion of the way that we've thought of the U.S.-Israel relationship, but it's true.

It's 11 a.m. on Sunday, May 4th here in New York City.

It's 6 p.m. on Sunday, May 4th in Israel.

Before we start, one housekeeping note.

As the summer quickly approaches, we are looking for two college summer interns, one who can support operations and another who can

support projects related to product design. These are remote positions and we believe wonderful

opportunities. To apply, please see the links in our show notes. Now onto today's episode.

Earlier this morning, Israel Time, a ballistic missile fired by the Houthis

penetrated Israel's air defense systems and hit Ben-Gurion Airport, injuring six people, and resulting

in a number of airlines to cancel flights into Israel. Ben-Gurian Airport reopened after temporarily

halting takeoffs and landings,

but several airlines said they will not resume their flights to Israel, at least for the foreseeable

future. After days of intense effort, the fires that scorched the Jerusalem hills have finally

been subdued, leaving behind a landscape marked by smoldering silence.

Initial suspicions pointed toward arson, a possibility we explored in depth during our episode

that aired Friday. Many Israelis we had spoken to had fears Israel might be a target of a version

of earlier arson attacks

...