Economics Books & Reviews

The Limits of U.S. Financial Warfare

The Treasury Department has run up an impressive list of tactical victories against rogue regimes, terrorists and criminals. But what is the strategy?

Energy Politics vs. the Earth

The current economic climate makes a needed shift to renewable energy tough.

The Priesthood of Central Bankers

Central bankers have amassed unprecedented power, and yet lack serious political counterweights.

In the Hall of the Vulcans

We thought the lessons of Vietnam could never be unlearned. But Washington warmongering heeds no warnings, plunging America into the quagmires of Iraq and Afghanistan. The depths of dysfunction behind these decisions seemingly know no bounds.

Battle Hymn of the Diplomats

Awash in Wilsonian hubris, the State Department’s meandering and militaristic QDDR will ensure Foggy Bottom remains second-rate—both inside the Beltway and overseas.

First Bank of the Living Dead

As the Great Recession gnaws at our very belief in the ability of capitalism to raise us to ever-escalating levels of wealth and prosperity, Keynes's no-longer-viable financial prescriptions are being resurrected.

Shaking the Invisible Hand

The chances of another cycle of optimism, overconfidence, hubris, panic and a long period of pessimism are high.

On Morals & Tigers

The Obama administration has finally decided to do something about climate change. Yet the assumptions of environmental policy are informed by a flawed morality that has all the religious hallmarks of sin and guilt.

Zakaria's Complaint

It's a mistake, argues Fareed Zakaria, to conflate constitutional liberalism with democracy. It's a mistake, says Thomas Carothers, to exaggerate the extent to which that mistake actually characterizes U.S. policy.

The Beginning of Economic Wisdom

Two primers on economics reveal a lingering philosophical divide in the intellectual imagination of our time.

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April 25, 2014