CAN THIS BE `THE END OF NEWS’?
A decade ago, the social theorist Francis Fukuyama wrote a provocative essay titled "The End of History?" In it, he argued that market economics and democratic politics were slowly sweeping...
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THE RECKLESSNESS OF WARRING IN KOSOVO
The easiest way to understand why we are where we are in Kosovo is to recall what Bill Clinton said in early 1991 after Congress had authorized President Bush to...
UNDERSTANDING THE `DRIFT OF OUR CULTURE’
Americans like to believe that all problems are solvable and all tragedies preventable. The mass murder at Columbine High teaches us otherwise. But even so, we go through the process...
WHEN PROFITS ARE HYPOTHETICAL, MARKET HYSTERIA IS SURE TO FOLLOW
TheStreet.com--a hot Internet company--is a small symbol of a large psychological journey that Americans have made on the economy. Until a few years ago, almost everyone dwelled on the economy's...
GAME OVER
We are an "oasis of prosperity" after all, to borrow Alan Greenspan's elegant phrase. While most of the rest of the world struggles, the American economy has completed its eighth...
CLINTON’S BEWILDERING PLANS FOR THE BUDGET SURPLUSES
We have grown accustomed to the president proposing programs of mind-boggling complexity. But not since Clinton's ill-fated health-care plan in 1993 have we seen anything quite so baffling and deceptive...
A HOW-TO FROM BOTH PARTIES ON SQUANDERING THE BUDGET SURPLUS
The congressional Republicans sometimes remind you of the classic Peanuts cartoon: Lucy holds the football for Charlie Brown and, at the last moment, yanks it away and sends him sprawling....
`FUNNY MONEY’ TURNS OUT TO BE NO LAUGHING MATTER
We have grown accustomed to the president's proposing programs of mind-boggling complexity. But not since Clinton's ill-fated health-care plan in 1993 have we seen anything quite so baffling and deceptive...
DESPITE THE BUDGET SURPLUSES, THE FUTURE ISN’T SECURE FOR BABY BOOMERS
The good news is that, after six years of neglect, President Clinton now concedes that we need to prepare for the aging of the Baby Boom. The bad news is...
SPLINTERING OF TV AUDIENCE MAY BE NETWORKS’ DOWNFALL
The major TV networks, as we know them, are dead. You need not worry that ABC, CBS and NBC will vanish, but their central role in American life is finished....