The state of the world is fraught with unprecendented imbalances and tremendous risks, and institutions are struggling to keep up with the changing times. Our only way out will be to make decisions that consider all stakeholders.
With or without Wealth of Nations on the presidential reading list, markets aren't going away. Neither is oil or the need for a free people to protect ourselves and our environment from recklessness in the pursuit of it.
It's all very black and white: EPA bad, industrial America good. Economy vs. the environment. Capitalism vs. socialism. Or, maybe, in the mind of Joe Barton, the "legitimately wrong" vs. the illegitimately right.
France is calling for technology that filters unlicensed music and movies from the Internet, while South Korea imposed rules requiring internet users to register for video-sharing sites with their real names.
President Obama seems reluctant to lay down the gauntlet or to use his oratorical skills to shame the arrogant, make mad the guilty, or cow the slanderous who would break down the walls protecting us from free market abuse.
The teabaggers are such a self-parodying lot that all one really needs to do is let their own words do the talking. This is lowbrow comedy passing as politics, and we ought to consider laughing it all the way out the door.
While the Republicans don't seemed bothered by the fact that they are causing a second recession by refusing to send aid to states, Obama can pay for a second stimulus by eliminating the Bush tax cuts for the wealthy.