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Fancy GPS systems and space-age tractors are what most excite the farmers I know and astound their city friends. ”
Sometimes, the aftermath is more devastating than the storm. That is the story of the 2008 financial crisis. It was disastrous at the time, but what has been worse is how long it has lingered. ”
When I was a kid in junior high, I had an assignment to discuss how to rescue poor people in India. I remember my teacher at the time considered it an impossible problem. Now, we're not talking that way anymore. We're sure not talking about that for China. They're rescuing themselves thanks to globalization. ”
The age of economic relations as the primary arena for interactions between states is already upon us. ”
The irony of the political rise of the plutocrats is that, like Venice's oligarchs, they threaten the system that created them. ”
The high-tech, globalized capitalism of the 21st century is very different from the postwar version of capitalism that performed so magnificently for the middle classes of the Western world. ”
Living as we do in the age of Facebook, we shouldn't be surprised that some countries are starting to imagine themselves more as social networks than as a physical place. ”
Reagan's legacy is so powerful because he identified the state as the central issue in American politics. ”
One of the great, and largely forgotten, triumphs of American society and government has been how smoothly U.S. farmers and their communities negotiated the creative destruction of the early 20th century and emerged triumphant when it was over. ”
Shipping middle-class jobs to China, or hollowing them out with machines, is a win for smart managers and their shareholders. We call the result higher productivity. But, looked at through the lens of middle-class jobs, it is a loss. ”