The Mormon Ethic and the Spirit of Capitalism
October 19, 2012
How the revelation to Joseph Smith led to Bain Capital.
The Return of Sovereignty
January 25, 2012
Sovereign Equality and Moral Disagreement By Brad R. Roth (Oxford University Press, 320 pp., $70) Sovereignty is back. Our debates about the global economic crisis keep returning to the problem of sovereign debt and the need for sovereign guarantees to reassure the markets. We keep hoping that somewhere, sometime, in the downward spiral of de-leveraging and disillusion there will be an authority—a sovereign—to take charge and put an end to our anxiety. This longing for an authority, after years of market follies, runs very deep. We want to know that someone is in control.
Stop Calling It Egypt’s Revolution
February 16, 2011
The massive protests that forced Egyptian President Hosni Mubarak’s departure have been widely described as a revolution. And that’s fine. If there is an Internet revolution, a Reagan revolution, and even an Obama revolution, then there has certainly been an Egyptian revolution. But there is another meaning of revolution that applies specifically to events like the French, Russian, or Chinese Revolutions. In this sense of the word, Egypt has not yet had a revolution; and the success of the protests will depend ultimately on whether it does have one.
No Labels, No Apology
December 22, 2010
Within a week after its official launch, the No Labels movement—which I helped found—has accomplished a hitherto unimaginable feat: It has united a bitterly divided commentariat. Tribunes of left and right have issued issue denunciations and pronounced anathemas. Polarization, they say, is a wonderful thing, and those who would weaken it are at best deluded and naïve. Civility is a euphemism for the prissy repression of uninhibited democratic discourse, and the self-appointed speech police should butt out.
The Gospel According to Luce
July 23, 2010
The Publisher: Henry Luce and His American Century By Alan Brinkley (Knopf, 531 pp., $35) I. Sometimes human beings bring sociological theory to life. Consider the career of Henry Luce. A child of Presbyterian missionaries in China, he pursued wealth and power with unremitting zeal, creating the media empire that dominated American journalism for much of the twentieth century: Time, Inc. Yet Luce never lost touch with his didactic origins, never abandoned the conviction that his magazines should teach Americans the right way of thinking about the world.
How I Became a Keynesian
September 23, 2009
Until last September, when the banking industry came crashing down and depression loomed for the first time in my lifetime, I had never thought to read The General Theory of Employment, Interest, and Money, despite my interest in economics. I knew that John Maynard Keynes was widely considered the greatest economist of the twentieth century, and I knew of his book's extraordinary reputation. But it was a work of macroeconomics--the study of economy-wide phenomena such as inflation, the business cycle, and economic growth.
October 08, 2008
The Politics of Truth: Selected Writings of C. Wright Mills Edited by John Summers (Oxford University Press, 320 pp., $21.95) C.Wright Mills published his sociological trilogy during the 1950s: White Collar in 1951, The Power Elite in 1956, The Sociological Imagination in 1959. Those were years of Republican ascendancy, and while the president, Dwight D. Eisenhower, was a moderate, the vice president, Richard Nixon, and a number of key senators, including Joe McCarthy, belonged to the conservative wing of the party.
Mormons and Money
December 31, 2007
Alan Wolfe on Mitt Romney, his church, and the culture of prosperity.
February 19, 2007
EVER SINCE THE collapse of communism in 1989, Central and Eastern Europe was supposed to be a success story for liberalism. As Russia was backsliding from democracy in the late ’90s, a liberal political culture appeared to be developing in the polities of its neighbors to the west.
Persecution and the Art of Healing
November 13, 2006
He was, in short, a modern medical doctor.