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It has, all things considered, been quite the week. That should clear a few things up. It still seems difficult to comprehend whatever it is that might be happening in economy and politics. Bernard Keane wrote a superb little thing midweek (and I’m not just saying that coz I pay him), ridiculing this collective sense [...]

A wonderful thing in Ken Silverstein’s Washington Babylon at Harpers. He quotes John Kenneth Galbraith in his 1954 book The Great Crash: In the autumn of 1929 the mightiest of Americans were, for a brief time, revealed as human beings. Like most humans, most of the time, they did some very foolish things. On the [...]