Best Of The Web
“Think of human development as a long journey. At the beginning, we live at the mercy of nature. Dependent on its bounty, we pray for rains and freedom from natural disasters and plagues. At the end of the journey, nature lives at our mercy. We use science and technology to release new wealth and remake the planet. Today, as humans implant themselves with microchips, install artificial organs and plan Mars colonies, we even aim for a ‘singularity’ that will lift us out of nature once and for all.
Economists began to compose the narrative of this odyssey, from subjection to dominion, in the 1700s. Once it became apparent that Europe had broken with millennia of stasis to begin a long period of rising growth – the same through which we are still living – political economists abandoned philosophical reflection to draft roadmaps to development.
Two broad types emerged. One approach described the walk, the other the walker. The first presumed that the context in which we made the journey – the natural environment, the institutions, the culture, the legal and political systems – determined the direction of the path. In this model, the government bore responsibility to build the path so that it could accommodate as many people as possible. Progressive taxation was simply an investment in social prosperity, key to maintaining an ascendant society and a reasonable return payment from those who had most benefitted.”
JJ Editor's Daily Picks
"President Trump’s Iran policy over the weekend was both erratic and masterful. Doves and isolationists, panicked by what they see as the administration’s inexorable drift toward war, rejoiced when Mr. Trump announced that a military strike had..."
"This is the photo that encapsulates the cruelty of the Trump era: a father and daughter lying dead on the banks of the Rio Grande river, her tiny arm draped around his neck, drowned after an attempt to cross onto American soil and seek asylum..."
"Several months ago, a Palestine Liberation Organization body published an official document on the conflict. In its 37 pages, the organization put forth its views, with some readers seeing this as a clear endorsement of the two-state solution..."
"The first season of Big Little Lies was a clever trap. The show took what would have otherwise been an easily satirized narrative about affluent women and complicated it with their trauma; The Week's Lili Loofbourow succinctly called it "a kind..."
"There’s a story we like to tell about American capitalism. Ours is a country that prizes merit, rewards risk and stands apart in its commitment to the collective success of open markets and the free flow of capital. We are a nation of strivers..."
""IN THESE DAYS of anti-tech ire, it’s a popular cocktail hour topic: How much is Facebook making off my data? Last year, I spent a month trying to find out, hawking my personal data on blockchain-based marketplaces. I came away with $0.003. On..."
""At the end of May, TIAA, the financial services and investing giant, rolled out new gender-identity awareness guidelines for its client-facing consultants. The guidance included: “Never assume someone’s gender identity” and “Be aware that a..."
"An old saying goes that people become more conservative as they age. George Will’s new book, “The Conservative Sensibility,” shows that the opposite can be true. This book is not so much a brief for conservatism as it is a learned and lengthy..."
"Imagine if the dishes stopped getting done. Imagine if no one did the laundry, and it piled up, stained and mildewing in hampers and in piles on the floor. Imagine if no one fed the baby, or changed her, and imagine if no one made dinner..."
"In Japanese culture, kintsugi is the labor-intensive method of repairing broken pottery by reattaching pieces using a lacquer mixed with gold. The reconstructed item, glistening with golden “seams,” is in many ways more beautiful than it was..."
"The U.S. is currently experiencing the largest outbreak of measles since 1992. According to the Centers for Disease Control and Prevention, there have been more than 1,000 confirmed cases since January. Scientific research overwhelmingly support..."
"Among those participating was Jason Greenblatt, Washington’s Mideast mediator and one of the architects of the “Peace to Prosperity” workshop taking place here. Aryeh Lightsone, a top aid to US Ambassador to Israel David Friedman, gave a brief..."