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Politics & Policy

Krugman’s Scapegoats

Hard times demand scapegoats. And demand in the scapegoat market is high right now, with economic malaise lingering after last year’s financial meltdown and bank bailouts. One much-abused scapegoat is ...
Politics & Policy

Why Constitutions Matter

The current financial meltdown has exposed the myth that our nation’s sophisticated, multilayered scheme of government regulation immunizes us from systemic failure. We are realizing that shocks, from both home ...