In an important recent Op-Ed-page article in the Wall Street Journal, Sir James Goldsmith, the Anglo- French financier, castigated the United States for what he termed its political and economic nervous breakdown. Appropriately, perhaps, the article appeared on a Friday the 13th (of November), and I hope Ronald Reagan, George Shultz, and Frank Carlucci found time to read it.
Alternatively, they could cast an eye upon this column, where I shall summarize Sir James’s arguments, and offer some comments of my own.




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