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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.

One year later, much of the conventional wisdom about the uprisings has been proven wrong. By Fouad Ajami.

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