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So says John Lanchester in this compulsively readable London Review of Books piece, which you might not be able to put down (so to speak) even if you know diddly-squat about the British economy. The passage about the coming cuts in public spending are pretty staggering. But this part jumped out at me: Anyone prone…

I basically agree with Ross Douthat that one problem with American life, especially American political life, is that in this country, we don’t know how to handle tragedy. We like our narratives simple and clear. Writes Ross: But the idea that many debacles flow from choices made by decent, well-intentioned human beings is more difficult…

In a brief about the religion of capitalism, David Rieff points us to this parable from Charlie Munger, Warren Buffett’s longtime investment partner, who imagines Basicland, a spendthrift nation that ignored the wisdom of self-discipline and thus could not arrest the causes of its own decline.

In a melancholy meditation on the deeply flawed character of Cesar Chavez, Richard Rodriguez offers this: The speech Chavez had written during his hunger strike of 1968, wherein he compared the UFW to David fighting Goliath, announced the Mexican ­theme: “I am convinced that the truest act of courage, the strongest act of manliness is…
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