Posted inEconomic Policy

The Limits of Markets

The claim that the freest market produces the best economic and social outcome is the centerpiece of the conservative political resurgence. But without government intervention, the market can destroy a lot of things–including itself.

Posted inBooks, Arts and Culture

Sex, Lies, and The Scarlet Letter

O nce when I was about nine, I wandered into my aunt’s kitchen during Thanksgiving to find all the grown-up women whispering, hugging, and crying. When they explained to me what was going on (Auntie Cookie had just found out she was going to have another baby and they were crying from happiness), they confirmed […]

Posted inBooks, Arts and Culture

Perrier in the Newsroom

There was a day not far distant, you know, just before World War II, when nearly all of us news people, although perhaps white collar by profession, earned blue-collar salaries. We were part of the “common people.” We suffered the same budgetary restraints, the same bureaucratic indignities, waited in the same lines, suffered the same […]

Posted inMoney, Politics, and Power

Clinton’s Not-So-Good Deeds

Richard Rothstein may be right that Clinton is the best liberals can hope for in our present institutional environment (“Friends of Bill?” TAP, Winter 1995, Number 20), but many who have fallen away from Clinton feel that he failed to test the potential of liberalism and populism, and in so doing contributed decisively to the […]

Posted inMoney, Politics, and Power

Who Owns the Future?

They claim to be riding a wave of historical change. The wave is global in its reach and unstoppable in its force. Those who get in the way are representatives of an old, obsolete order; they may put up a fight, but they will be beaten in the inevitable transformation. So Newt Gingrich and other […]

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