The world is full of self-organizing systems, systems that form structures not merely in response to inputs from outside but also, indeed primarily, … - Paul Krugman

Now I’m not saying that Keynes was right about everything, that we should treat The General Theory as a sort of secular bible - the way that Marxists treat Das Kapital. But the essential truth of Keynes’s big idea - that even the most productive economy can fail if consumers and investors spend too little, that the pursuit of sound money and s is sometimes (not always!) folly rather than wisdom - is as evident in today’s world as it was in the 1930s. And in these dangerous days, we ignore or reject that idea at the world economy’s peril.

The way to deal with China would have been a broad coalition of countries that play by the rules. Instead, we've conveyed the message that big countries don't need no rules. And China is a very big country.

The [Trump impeachment] inquiry hasn’t found a smoking gun; it has found what amounts to a smoking battery of artillery.