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nd as they use to say when I was a kid, "even Ray Charles can see it." But as Leiserowitz points out in th
e deficit because unemployment, especially long-term unemployment, is still unacceptably high. 'The boom, not the slump, is the time for austerity," John Maynard Keynes declared many years ago. Kurgman: He was right — all you have to do is look at Europe to see the disastrous effects of austerity on weak eco
the deeper chord changes of history has, always, been the decisive mark of leadership and success in revolutionary periods. Consider, for instance, Charles, the Duke of Brunswick-Wolfenbuttel who faced down Napoleon on the fields of Jena in what is now central Germany in October 1806. Brusnwick-Wolfenbut
tually the entire world was pulled into the fire. “In the autumn of 1919, in which I write, we are at the dead season of our fortunes,” the economist John Maynard Keynes wrote after the Paris Peace Conference settled The Great War, dimly aware that an even deader season lay somewhere in the future in the form o
ons. What do they augur? The political scientists Charles S. Gochman and Zeev Maoz once made a survey of hi
ine power. Looking back on his formative years, before Europe was ground up in the First World War, the powerfully brilliant and sensitive economist John Maynard Keynes bitterly recalled the iron certainty of his set of friends and their confident, diffident arrogance: “We were not aware that civilization was
rom a ship at one of the Galapagos Islands, which Charles Darwin made famous, and which made him famous in
assical laws of motion and laid the basis for his theory of gravity, both of which form the foundation of much of modern physics. Never- theless, as John Maynard Keynes pointed out: Newton was not the first of the age of reason, he was the last of the magicians, the last of the Babylonians and Sumerians, the
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