This may surprise you: human well-being, according to many social indicators, is steadily improving. True, headlines announce war, poverty, and global warming, and they aren’t trumpeting false …
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In his February speech to Congress, President Obama vowed that his administration would seek a cure for cancer, renewing President Nixon’s declaration of war on cancer almost four decades ago. Over these decades, have we won any battles? And if so, how?
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Who got us into this painful economic crisis? Polls show that most Americans blame the Republicans more than the Democrats, and the evidence supports this view. But are the Democrats so innocent that they may fairly cast the proverbial first stone?
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Most economists, this one included, believe that the Bush administration’s economic policies are dreadful. Yet, in fairness, the administration may deserve less blame than its opponents allege for the current financial crisis.
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