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Completed forty-eight years ago, his magnum opus appears at last. George H. Nash discusses its insights into our thirty-first president. By Charity Nebbe.
No longer able to devalue its way to competitiveness, Europe can save itself in just one way: reforming its welfare states. By Michael J. Boskin.
When a government enacts stimulus programs and manipulates asset prices, it can only buy time. By Kevin M. Warsh.

A classic parable of shared resources explains the woes besetting both the euro and U.S. debt. By Gary D. Libecap.

The world body cannot escape from its own persistent and severe limitations, but perhaps the United States can. By Kenneth Anderson.