ENVIRON- MENT played only a modest role in the recent American presidential election. President Obama lauded his new fuel-efficiency standards and support for renewable energy sources, while Mitt Romney faulted the president for rising gasoline prices and new restrictions ...
BACK in 2010, self-styled deficit hawks - better described as deficit scolds - took over much of our political discourse. At a time of mass unemployment and record-low borrowing costs, a time when economic theory said we needed more, not less, deficit spending, the scolds convinced most of our political class ...
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