Zakaria trashes Thatcher, Meacham trashes Palin, and Francis Fukuyama trashes deregulation. Three thousand words go by, but Fukuyama never gets around to mentioning Fannie, Freddie, or the Fed as culprits for the financial crisis. Everything would be better if only Glass-Steagall hadn’t been repealed. There are a lot of smart people in this issue, which makes it all the more disappointing.
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About the Author
Ramesh Ponnuru is the editor of National Review, a columnist for the Washington Post, and a fellow at the American Enterprise Institute.
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