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.
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.
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.
