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Harold James
Illiberality
Déclassé: Nothing New Under the Sun

Can we learn anything from past rounds of technological disruption and mass downward socio-economic mobility?

Reviews
Capitalism Da Capo

Authors tapping into the renewed interest in the history and nature of capitalism are stumbling over an unexpected problem: There’s no agreement on what capitalism is.

Channeling Alexander Hamilton

Crushing debt is prompting Europe to look to an unlikely source for wisdom and inspiration: an American Founding Father.

Too Political to Succeed

What made U.S. banks take such disastrous risks? Not what we’ve been led to think.

Recession Regression

Before the collapse of Lehman Brothers, economic theory trumped economic history; no longer. But what does that history tell us?

Mind Your Malthus

Gregory Clark’s A Farewell to Alms aims to spoil our taste for Adam Smith with some warmed-over Malthus.

Growing Pains

The theory that rapid economic growth is politically stabilizing seems too stupid to kill–but Mancur Olson tried.

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Walter Russell Mead & Staff
Crude Economics

Today’s glut could lead to tomorrow’s supply shock.

The Art of the Deal

So far, it’s grandstanding and placebo politics disguising a more moderate agenda.

Wonder Worm

How a caterpillar could help us recycle plastics.

Counting Boots on the Ground

President Trump is delegating authority to his generals—just like he always said he would. But the political costs if anything goes wrong will be his alone.

Migrant Mess

It turns out failed states are not so great at preventing migrant flows.

the 45th president

Those prophesying apocalyptic doom under President Trump have not come out looking so good.

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