So I see Paul Krugman has thrown his lot in with the neoconservatives who disdain multilateral institutions and prefer bellicose unilateralism when they confront a frustrating international situation.
–Dan Drezner. As I have written before, Krugman deserves his Nobel Prize. But it is exceedingly difficult–at best–to take him seriously as a pundit, or a would-be policymaker. More justly-earned criticism from Free Exchange.
Today’s Coffee and Markets podcast covers the debate over capitalism in America, particularly focusing on AEI President Arthur Brooks’ thesis about the way voters perceive the crisis and what it means for capitalism’s future.
“When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.”