Magazine February 6, 2017, Issue

Prospects for Growth

(Image: Dreamstime; cover via Amazon)
An Extraordinary Time: The End of the Postwar Boom and the Return of the Ordinary Economy, by Marc Levinson (Basic, 336 pp., $27.99)

Donald Trump’s “Make America Great Again” slogan has huge licensing potential. It could, with some obvious tweaks, go global: “Make France Great Again,” “Make Japan Great Again,” and so on. MAGA is a punchy political catchphrase, to be sure. It certainly has more inspirational oomph than Hillary Clinton’s “Stronger Together.”

But more than that, MAGA’s nostalgia has persuasive power because it is based on a real economic phenomenon experienced by citizens of all advanced economies, one documented by former Economist journalist Marc Levinson in his new book. The immediate post-war decades — the years 1948 through 1973, to be precise —

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In This Issue



Books, Arts & Manners


Politics & Policy


Against Big-Government Conservatism Samuel R. Staley argues for a permanent revolving-loan bank (“The Infrastructure Bank We Need,” December 31). Staley conditions his proposal on the bank’s being “properly designed and constrained,” ...
Politics & Policy

The Week

‐ So there were no left-wing Puerto Rican transsexual terrorists in federal prison? ‐ Representative John Lewis (D., Ga.) announced that he would skip Donald Trump’s inauguration: “I don’t see this ...
Politics & Policy


AT THE CHAPEL OF THE PINK SISTERS The crosses on the convent roofs Gleam sharply as the sun comes up. — Wallace Stevens, “Botanist on Alp (No. 2)” The March wind blows past the ...


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