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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

Ecuador is ignoring OPEC demands to reduce output.

1990s Redux

The result came down to ethnocultural identification among the decision-makers more than lawyerly arguments and fact-checks.

lower education

American high schools are giving out higher and higher grades even as real academic ability stagnates.

Netanyahu in Europe

Hungary, Poland, Slovakia and the Czech Republic agree that the EU should stand closer with Israel.

*cough* climate leadership *cough*

Greens might want to hold off on anointing Beijing as the next global green leader.

"I am your boss"

His critics are accusing him of Erdoganism Lite. Are they right?

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