A life in words

  • Thus Quoth Kissinger

    Russia Blog is running a recent editorial from the International Herald Tribune in which Henry Kissinger and George Schultz discuss the past and prospects of Russian-Western relations. I thank these two former Secretaries of State for their level-headedness. Let’s cut the rhetoric and be forward-thinking. Read it here.

  • The Dark Bailout

    Via Greg Mankiw:

  • Our Own Advice

    Says Robert Shimer via Greg Mankiw’s blog: The U.S. has long been a beacon of free markets. When economic conditions turn sour in Argentina or Indonesia, we give very clear instructions on what to do: balance the budget, cut government employment, maintain free trade and the rule of law, and do not prop up failing…

There is nothing I dread so much, as a division of the Republic into two great Parties, each arranged under its leader and concerting measures in opposition to each other. This in my humble apprehension is to be dreaded as the greatest political evil under our Constitution.John Adams, Letter to Jonathan Jackson, 2 Oct 1780