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The Apprentice

From our June print issue: Scooter Libby was a nice liberal boy until he met Paul Wolfowitz — who’d been a nice liberal boy till he met Albert Wohlstetter. A brief history of apocalyptic neoconservatism.

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Why Liberalism Works

Liberalism is deeply rooted in American soil, so much so that in the years after World War II, many historians and social scientists regarded the liberal project and the American civic creed as more or less the same. The proposition that each of us has a right to “life, liberty, and the pursuit of happiness” […]

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Who You Gonna Call?

Stuart P. Slotnick does not look like a rebellious lawyer. Photos of him alongside prominent Republicans including Rudy Giuliani and Michael Bloomberg decorate his office on the 35th floor of One Chase Manhattan Plaza, and a World War II-era “Pledge of Allegiance” poster hangs behind his desk. He dresses in a crisp white shirt with […]

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Wal-Mart Comes North

Wal-Mart, as everybody knows, began in the backwaters of the rural South — though not everybody knows just how rural, how southern, how backwater. Wal-Mart’s southernness, however, is precisely what sets the chain apart from the handful of other companies that once dominated the American economy: Standard Oil, U.S. Steel, General Motors, IBM. None imposed […]

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Why Economists Can’t See the Economy

“The purpose of studying economics is not to acquire a set of of ready-made answers to economic questions, but to avoid being deceived by economists.” — Joan Robinson, Cambridge University On page one of The Wealth of Nations, Adam Smith illustrates the central principle of his economics with an example taken from, in his words, […]

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