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All around us now is a prevailing anti-intellectualism and hostility to science. Politicized religion is the sheet anchor of the dreary forty-year-old culture wars.

here by the Republican Party, and the consequent normalizing of formerly reactionary beliefs.

Within the GOP libertarianism is a throwaway doctrine that is rhetorically useful in certain situations but often interferes with their core, more authoritarian, beliefs. When the two precepts collide, the authoritarian reflex prevails. In 2009 it was politically useful for the GOP to present the Tea Party as independent-leaning libertarians, when in reality the group was overwhelmingly Republican, with a high quotient of GOP activists and adherents of views common among the religious right. According to a 2010 Gallup poll, eight in ten Tea Party members identify themselves as Republicans. Another study found that over half identified as members of the religious right and 55 percent of Tea Partiers agree that “America has always been and is currently a Christian nation”—6 points more than even the percentage of self-described Christian conservatives who would agree to that

Adam Smith argued forcefully that we would do better to trust in the pursuit of self-interest than in the good intentions of those who pursue the general interest. If everyone looked out for just himself, we would reach an equilibrium that was not just comfortable but also productive, in which the economy was fully efficient. To the morally uninspired, it’s an appealing idea: selfishness as the ultimate form of selflessness. (Elsewhere, in particular in his “Theory of Moral Sentiments,” Smith took a much more balanced view, though most of his latter-day adherents have not followed suit.)

Things didn’t turn out well for our economy or our society. As millions lost their homes during and after the crisis, median wealth declined nearly 40 percent in three years. Banks would have done badly, too, were it not for the Bush-Obama mega-bailouts.

This cascade of trust destruction was unrelenting. One of the reasons that the bubble’s bursting in 2007 led to such an enormous crisis was that no bank could trust another. Each bank knew the shenanigans it had been engaged in — the movement of liabilities off its balance sheets, the predatory and reckless lending — and so knew that it could not trust any other bank

bankers used their political influence to eviscerate regulations and install regulators who didn’t believe in them. Officials and academics assured lawmakers and the public that banks could self-regulate. But it all turned out to be a scam. We had created a system of rewards that encouraged shortsighted behavior and excessive risk-taking. In fact, we had entered an era in which moral values were given short shrift and trust itself was discounted.

THE banking industry is only one example of what amounts to a broad agenda, promoted by some politicians and theoreticians on the right, to undermine the role of trust in our economy. This movement promotes policies based on the view that trust should never be relied on as motivation, for any kind of behavior, in any context. Incentives, in this scheme, are all that matter.

So C.E.O.’s must be given stock options to induce them to work hard. I find this puzzling: If a firm pays someone $10 million to run a company, he should give his all to ensure its success. He shouldn’t do so only if he is promised a big chunk of any increase in the company’s stock market value

Similarly, teachers must be given incentive pay to induce them to exert themselves. But teachers already work hard for low wages because they are dedicated to improving the lives of their students. Do we really believe that giving them $50 more, or even $500 more, as incentive pay will induce them to work harder? What we should do is increase teacher salaries generally because we recognize the value of their contributions and trust in their professionalism. According to the advocates of an incentive-based culture, though, this would be akin to giving something for nothing.

Of course, incentives are an important component of human behavior. But the incentive movement has made them into a sort of religion, blind to all the other factors — social ties, moral impulses, compassion — that influence our conduct.

This is not just a coldhearted vision of human nature. It is also implausible. It is simply impossible to pay for trust every time it is required. Without trust, life would be absurdly expensive; good information would be nearly unobtainable; fraud would be even more rampant than it is; and transaction and litigation costs would soar.

When 1 percent of the population takes home more than 22 percent of the country’s income — and 95 percent of the increase in income in the post-crisis recovery — some pretty basic things are at stake. Reasonable people, even those ignorant of the maze of unfair policies that created this reality, can look at this absurd distribution and be pretty certain that the game is rigged.

Trust between individuals is usually reciprocal. But if I think that you are cheating me, it is more likely that I will retaliate, and try to cheat you. (These notions have been well developed in a branch of economics called the “theory of repeated games.”) When Americans see a tax system that taxes the wealthiest at a fraction of what they pay, they feel that they are fools to play along.

a deeper rot takes hold: Attitudes and norms begin to change. When no one is trustworthy, it will be only fools who trust. The concept of fairness itself is eroded. A study published last year by the National Academy of Sciences suggests that the upper classes are more likely to engage in what has traditionally been considered unethical behavior. Perhaps this is the only way for some to reconcile their worldview with their outlandish financial success, often achieved through actions that reveal a kind of moral deprivation.

As always, it is the poor and the unconnected who suffer most from this, and who are the most repeatedly deceived. Nowhere was this more evident than in the foreclosure crisis.

The banks figured out how to get court affidavits signed by the thousands (in what came to be called robo-signing), certifying that they had examined their records and that these particular individuals owed money — and so should be booted out of their homes. The banks were lying on a grand scale, but they knew that if they didn’t get caught, they would walk off with huge profits, their officials’ pockets stuffed with bonuses. And if they did get caught, their shareholders would be left paying the tab

But perhaps even more than opportunity, Americans cherish equality before the law. Here, inequality has infected the heart of our ideals.

I suspect there is only one way to really get trust back. We need to pass strong regulations, embodying norms of good behavior, and appoint bold regulators to enforce them.

In all but a handful of instances, the shooter was male. Boys also accounted for more than 80 percent of the victims.

The Times sought to identify every accidental firearm death of a child age 14 and under in Georgia, Minnesota, North Carolina and Ohio dating to 1999, and in California to 2007. Records were also obtained from several county medical examiners’ offices in Florida, Illinois and Texas.

In four of the five states — California, Georgia, North Carolina and Ohio — The Times identified roughly twice as many accidental killings as were tallied in the corresponding federal data.

Another important aspect of firearm accidents is that a vast majority of victims do not die. Tracking these injuries nationally, however, is arguably just as problematic as tallying fatalities, according to public health researchers. In fact, national figures often cited from the Centers for Disease Control and Prevention’s Web site are an estimate, projected from a sampling taken from hospital emergency departments. Nevertheless, in 2011, the most recent year with available data, the agency estimated that there were 847 unintentional nonfatal firearm injuries among children 14 and under.

More concrete are actual counts of emergency department visits, which are available in a small number of states. In North Carolina, for instance, there were more than 120 such visits for nonfatal gun accidents among children 17 and under in 2010, the most recent year for which data is available.

While about 60 percent of the accidental firearm deaths identified by The Times involved handguns as opposed to long guns, that number was much higher — more than 85 percent — when the victims were very young, under the age of 6. In fact, the average handgun victim was several years younger than long gun victims: between 7 and 8, compared with almost 11.

Over all, the largest number of deaths came at the upper end of the age range, with ages 13 and 14 being most common — not necessarily surprising, given that parents generally allow adolescents greater access to guns. But the third-most common age was 3 (tied with 12), a particularly vulnerable age, when children are curious and old enough to manipulate a firearm but ignorant of the dangers.

About half of the accidents took place inside the child’s home. A third, however, occurred at the house of a friend or a relative, pointing to a potential vulnerability if safe-storage laws apply only to households with children, as in North Carolina.

Even in accidental shootings where criminals were in some way involved, they usually were not the ones pulling the trigger. Rather, they — like many law-abiding adults in these cases — simply left a gun unsecured.

In state after state and often with considerable success, gun rights groups have cited the federal numbers as proof that the problem is nearly inconsequential and that storage laws are unnecessary. Gun Owners of America says on its Web site that children are “130 percent more likely to die from choking on their dinner” than from accidental shootings.

Under the Centers for Disease Control and Prevention figures, in fact, gun accidents were the ninth-leading cause of unintentional deaths among children ages 1 to 14 in 2010. (The agency reported 62 such killings that year.) If the actual numbers are, in fact, roughly double, however, gun accidents would rise into the top five or six.

The rifle association and its allies also often note that studies on the impact of safe-storage laws have found mixed results. But those studies are based on the flawed government statistics. “When we’re evaluating child access laws, we’re using total trash data,

A safe-storage bill was introduced in the Ohio legislature in February, prompted by a shooting that killed three students at a high school in suburban Cleveland. But the measure, which would prohibit storing a firearm in a residence in a place readily accessible to a child, has encountered skepticism from the Republicans who control the legislature. “The tenor was, somebody breaks in, do I have time enough to get to my gun?” said State Representative Bill Patmon, a Democrat who introduced the bill.

The N.R.A. has long argued that better education is the key to preventing gun accidents, citing its Eddie Eagle GunSafe program, which teaches children as young as 3 that if they see a gun, they should “stop, don’t touch, leave the area and tell an adult.” The association, which did not respond to a request for comment, says its program has reached more than 26 million children in all 50 states and should be credited for the deep decline in accidental gun deaths shown in federal statistics dating to the mid-1980s.

Beyond the unreliability of the federal data, public health experts have disputed the N.R.A.’s claims, pointing to other potential explanations for the decline, including improvements in emergency medical care, along with data showing fewer households with firearms. They also highlight research indicating that admonishing children to stay away from guns is often ineffective.

As part of Dr. Kellermann’s study, researchers watched through a one-way mirror as pairs of boys ages 8 to 12 were left alone in an examination room at a clinic in Atlanta. Unknown to the children, an inoperative .38-caliber handgun was concealed in a cabinet drawer.

Playing and exploring over the next 15 minutes, one boy after another — three-quarters of the 64 children — found the gun. Two-thirds handled it, and one-third actually pulled the trigger. Just one child went to tell an adult about the gun, and he was teased by his peers for it. More than 90 percent of the boys said they had had some gun safety instruction.

Other research has found that simply having a firearm in the household is correlated with an increased risk of accidental shooting death. In one study, published in 2003 in the journal Accident Analysis and Prevention, the risk was more than three times as high for one gun, and almost four times as high for more than one.

requiring, or even encouraging, efforts to introduce “smart gun” technology remains unpopular with the gun lobby, which has worked to undermine such research and attempts to regulate firearms as a dangerous consumer product.

But Taurus backed out within a few months, citing competing priorities, and the project fell apart. Charles Vehlow, Metal Storm’s chief executive at the time, said that while he did not know exactly what pressures Taurus faced, there was a general wariness of smart-gun efforts among manufacturers and pro-gun groups. “There was no question that the N.R.A. was very sensitive and was aware of what we were doing,” he said.

The Colt’s Manufacturing Company and Smith & Wesson experienced a backlash against their own smart-gun programs, which were abandoned amid financial problems caused, in part, by boycotts from gun groups and others in the industry. So unpopular was the whole smart-gun concept that Colt’s Manufacturing later could not even find a buyer for its patents, said Carlton Chen, a former lawyer for the company.

Gun rights lobbyists have also helped keep firearms and ammunition beyond the reach of the Consumer Product Safety Commission, which has the power to regulate other products that are dangerous to children. The N.R.A. argues that the commission would provide a back door for gun control advocates to restrict the manufacture of firearms. Proponents of regulation say guns pose too great a hazard to exclude them from scrutiny.

“GMO will make Ghanaian farmers poor” and “Our Food Under Our Control!!!”

Monsanto is also part of the New Alliance for Food Security and Nutrition, a group of private corporations tasked by the G8 to invest in solutions to African hunger over the next decade.

Hating Monsanto is “a luxury when you’re surrounded by food 24/7,” writes one defender, who argues that spreading negative sentiment against the company actually “impedes global economic growth.” Even Britain’s Environmental Secretary, Owen Paterson, said organizations fighting the spread of GMOs are “absolutely wicked” and “cast a dark shadow over attempts to feed the world.”

But African farmers also have very legitimate concerns about Monsanto’s reputation for investigating, suing, and ruining farmers who try to save GM seeds.

ood Sovereignty Ghana warns against the “control of our resources by multinational corporations and other foreign entities,” and the “avaricious calculations behind the proposition that food is just another commodity or component for international agribusiness.”

they call for “collective control over our collective resources.”

ontroversial GM golden rice, which is supposed to pump up Vitamin A levels in regular rice to make it more nutritious, could well be a promising use of technology

However, golden rice is still mainly theoretical after a decade of research.

hunger is not caused by a food shortage but by “a lack of purchasing power and/or the inability of the rural poor to be self-sufficient.”

“I know you don’t want to hear this from me, but the wealthy are getting wealthier, and again, the belly of America is getting hurt,” he said. “Look, I’m a hard-core capitalist. But let’s be fair — capitalism only works if it starts at the top and filters down. If it doesn’t get down, we’re going to lose.”

“Taken together, they are fraying the fabric of our system,” he said.And once again, he pointed the finger at Washington, prompting the crowd to cheer

Mr. Fuld also quickly offered three data points that he suggested made it clear that Lehman could have survived, had the Fed not forced it to fail: “When Lehman was mandated into bankruptcy, we said our equity capital was $28 billion. Second, we had a Tier 1 capital ratio of 11 percent. Third, Lehman had unencumbered collateral of $127 billion.”

“It’s very easy to look back. As they said, hindsight is 20/20. There is no ‘if’ or ‘woulda coulda shoulda,’ ” he said. “You can only make a decision at any specific time with the best information that you think you have.”Going further, Mr. Fuld insisted that he could have saved the firm: “Lehman Brothers at the point of 2008 was not a bankrupt company.”

Asked what he could have done differently, he avoided answering directly, and instead said, “I think I missed the violence of the market and how it spread from one asset class to the next. Did we do everything we could? Did we fall prey to some other agendas? I’ll leave it at that.”

In the end, Mr. Fuld seemed hung up on the fate of his own firm, not the broader crisis that its bankruptcy helped ignite.

The gas seemingly played a major role in amplifying the effects of the ice ages, which were caused by wobbles in the earth’s orbit. The geologic record suggests that as the earth began cooling, the amount of carbon dioxide fell, probably because much of it got locked up in the ocean, and that fall amplified the initial cooling. Conversely, when the orbital wobble caused the earth to begin warming, a great deal of carbon dioxide escaped from the ocean, amplifying the warming.

Their best estimate is that if the amount of carbon dioxide doubles, the temperature of the earth will rise about five or six degrees Fahrenheit. While that may sound small given the daily and seasonal variations in the weather, the number represents an annual global average, and therefore an immense addition of heat to the planet.

Moreover, scientists say that an increase of five or six degrees is a mildly optimistic outlook. They cannot rule out an increase as high as 18 degrees Fahrenheit, which would transform the planet.

Among the most prominent of these contrarians is Richard Lindzen of the Massachusetts Institute of Technology, who contends that as the earth initially warms, cloud patterns will shift in a way that should help to limit the heat buildup. Most climate scientists contend that little evidence supports this view,

China’s citizens, on average, still use less than a third of the energy per person as Americans. But with 1.3 billion people, four times as many as the United States, China is so large and is growing so quickly that it has surpassed the United States to become the world’s largest overall user of energy.

“When I go see things with my children, I let them know they might not be around when they’re older,” he said. “ ‘Go enjoy these beautiful forests before they disappear. Go enjoy the glaciers in these parks because they won’t be around.’ It’s basically taking note of what we have, and appreciating it, and saying goodbye to it.”

In reality, to make ends meet, this squeezed couple would have to cut back on discretionary expenses – take a pass on a new suit, skip an annual vacation, and drop some kids activities. Unfortunately, the family would also probably save less, at the expense of their retirement or their kids’ educations.

what about the United States? Before the 1914 war, the great economic potential of the U.S. was suppressed by its ineffective political system, dysfunctional financial system, and uniquely violent racial and labor conflicts. “America was a byword for urban graft, mismanagement and greed-fuelled politics, as much as for growth, production, and profit,”

as World War I entered its third year—and the first year of Tooze’s story—the balance of power was visibly tilting from Europe to America. The belligerents could no longer sustain the costs of offensive war. Cut off from world trade, Germany hunkered into a defensive siege, concentrating its attacks on weak enemies like Romania. The Western allies, and especially Britain, outfitted their forces by placing larger and larger war orders with the United States

His Wilson is no dreamy idealist. The president’s animating idea was an American exceptionalism of a now-familiar but then-startling kind.

That staggering quantity of Allied purchases called forth something like a war mobilization in the United States. American factories switched from civilian to military production; American farmers planted food and fiber to feed and clothe the combatants of Europe

But unlike in 1940-41, the decision to commit so much to one side’s victory in a European war was not a political decision by the U.S. government. Quite the contrary: President Wilson wished to stay out of the war entirely. He famously preferred a “peace without victory.” The trouble was that by 1916, the U.S. commitment to Britain and France had grown—to borrow a phrase from the future—too big to fail.

His Republican opponents—men like Theodore Roosevelt, Henry Cabot Lodge, and Elihu Root—wished to see America take its place among the powers of the earth. They wanted a navy, an army, a central bank, and all the other instrumentalities of power possessed by Britain, France, and Germany. These political rivals are commonly derided as “isolationists” because they mistrusted the Wilson’s League of Nations project. That’s a big mistake. They doubted the League because they feared it would encroach on American sovereignty.

Grant presents this story as a laissez-faire triumph. Wartime inflation was halted. Borrowing and spending gave way to saving and investing. Recovery then occurred naturally, without any need for government stimulus. “The hero of my narrative is the price mechanism, Adam Smith’s invisible hand,

It was Wilson who wished to remain aloof from the Entente, who feared that too close an association with Britain and France would limit American options.

Wilson was guided by a different vision: Rather than join the struggle of imperial rivalries, the United States could use its emerging power to suppress those rivalries altogether. Wilson was the first American statesman to perceive that the United States had grown, in Tooze’s words, into “a power unlike any other. It had emerged, quite suddenly, as a novel kind of ‘super-state,’ exercising a veto over the financial and security concerns of the other major states of the world.”

Wilson hoped to deploy this emerging super-power to enforce an enduring peace. His own mistakes and those of his successors doomed the project,

What went wrong? “When all is said and done,” Tooze writes, “the answer must be sought in the failure of the United States to cooperate with the efforts of the French, British, Germans and the Japanese [leaders of the early 1920s] to stabilize a viable world economy and to establish new institutions of collective security. … Given the violence they had already experienced and the risk of even greater future devastation, France, Germany, Japan, and Britain could all see this. But what was no less obvious was that only the US could anchor such a new order.”

And that was what Americans of the 1920s and 1930s declined to do—because doing so implied too much change at home for them: “At the hub of the rapidly evolving, American-centered world system there was a polity wedded to a conservative vision of its own future.”

The Forgotten Depression is a polemic embedded within a narrative, an argument against the Obama stimulus joined to an account of the depression of 1920-21. As Grant correctly observes, that depression was one of the sharpest and most painful in American history.

Then, after 18 months of extremely hard times, the economy lurched into recovery. By 1923, the U.S. had returned to full employment.

“By the end of 1916, American investors had wagered two billion dollars on an Entente victory,” computes Tooze (relative to America’s estimated GDP of $50 billion in 1916, the equivalent of $560 billion in today’s money).

the central assumption of his version of events is the same one captured in Rothbard’s title half a century ago: that America’s economic history constitutes a story unto itself.

Americans, meanwhile, were preoccupied with the problem of German recovery. How could Germany achieve political stability if it had to pay so much to France and Belgium? The Americans pressed the French to relent when it came to Germany, but insisted that their own claims be paid in full by both France and Britain.

Germany, for its part, could only pay if it could export, and especially to the world’s biggest and richest consumer market, the United States. The depression of 1920 killed those export hopes. Most immediately, the economic crisis sliced American consumer demand precisely when Europe needed it most.

But the gravest harm done by the depression to postwar recovery lasted long past 1921. To appreciate that, you have to understand the reasons why U.S. monetary authorities plunged the country into depression in 1920.

Monetary authorities, worried that inflation would revive and accelerate, made the fateful decision to slam the credit brakes, hard. Unlike the 1918 recession, that of 1920 was deliberately engineered. There was nothing invisible about it. Nor did the depression “cure itself.” U.S. officials cut interest rates and relaxed credit, and the economy predictably recovered

But 1920-21 was an inflation-stopper with a difference. In post-World War II America, anti-inflationists have been content to stop prices from rising. In 1920-21, monetary authorities actually sought to drive prices back to their pre-war levels

James Grant hails this accomplishment. Adam Tooze forces us to reckon with its consequences for the rest of the planet.

When the U.S. opted for massive deflation, it thrust upon every country that wished to return to the gold standard (and what respectable country would not?) an agonizing dilemma. Return to gold at 1913 values, and you would have to match U.S. deflation with an even steeper deflation of your own, accepting increased unemployment along the way. Alternatively, you could re-peg your currency to gold at a diminished rate. But that amounted to an admission that your money had permanently lost value—and that your own people, who had trusted their government with loans in local money, would receive a weaker return on their bonds than American creditors who had lent in dollars.

Britain chose the former course; pretty much everybody else chose the latter.

The consequences of these choices fill much of the second half of The Deluge. For Europeans, they were uniformly grim, and worse.

But one important effect ultimately rebounded on Americans. America’s determination to restore a dollar “as good as gold” not only imposed terrible hardship on war-ravaged Europe, it also threatened to flood American markets with low-cost European imports. The flip side of the Lost Generation enjoying cheap European travel with their strong dollars was German steelmakers and shipyards underpricing their American competitors with weak marks.

American leaders of the 1920s weren’t willing to accept this outcome. In 1921 and 1923, they raised tariffs, terminating a brief experiment with freer trade undertaken after the election of 1912. The world owed the United States billions of dollars, but the world was going to have to find another way of earning that money than selling goods to the United States.

Between 1924 and 1930, world financial flows could be simplified into a daisy chain of debt. Germans borrowed from Americans, and used the proceeds to pay reparations to the Belgians and French. The French and Belgians, in turn, repaid war debts to the British and Americans. The British then used their French and Italian debt payments to repay the United States, who set the whole crazy contraption in motion again. Everybody could see the system was crazy. Only the United States could fix it. It never did.

The reckless desperation of Hitler’s war provides context for the horrific crimes of his regime. Hitler’s empire could not feed itself, so his invasion plan for the Soviet Union contemplated the death by starvation of 20 to 30 million Soviet urban dwellers after the invaders stole all foodstuffs for their own use. Germany lacked workers, so it plundered the labor of its conquered peoples. By 1944, foreigners constituted 20 percent of the German workforce and 33 percent of armaments workers

“If man accumulates enough combustible material, God will provide the spark.” So it happened in 1929. The Deluge that had inundated the rest of the developed world roared back upon the United States.

From the start, the United States was Hitler’s ultimate target. “In seeking to explain the urgency of Hitler’s aggression, historians have underestimated his acute awareness of the threat posed to Germany, along with the rest of the European powers, by the emergence of the United States as the dominant global superpower,” Tooze writes. “The originality of National Socialism was that, rather than meekly accepting a place for Germany within a global economic order dominated by the affluent English-speaking countries, Hitler sought to mobilize the pent-up frustrations of his population to mount an epic challenge to this order.”

Germany was a weaker and poorer country in 1939 than it had been in 1914. Compared with Britain, let alone the United States, it lacked the basic elements of modernity: There were just 486,000 automobiles in Germany in 1932, and one-quarter of all Germans still worked as farmers as of 1925. Yet this backward land, with an income per capita comparable to contemporary “South Africa, Iran and Tunisia,” wagered on a second world war even more audacious than the first.

That way was found: more debt, especially more German debt. The 1923 hyper-inflation that wiped out Germany’s savers also tidied up the country’s balance sheet. Post-inflation Germany looked like a very creditworthy borrower.

On paper, the Nazi empire of 1942 represented a substantial economic bloc. But pillage and slavery are not workable bases for an industrial economy. Under German rule, the output of conquered Europe collapsed. The Hitlerian vision of a united German-led Eurasia equaling the Anglo-American bloc proved a crazed and genocidal fantasy.

The foundation of this order was America’s rise to unique economic predominance a century ago. That predominance is now coming to an end as China does what the Soviet Union and Imperial Germany never could: rise toward economic parity with the United States.

t is coming, and when it does, the fundamental basis of world-power politics over the past 100 years will have been removed. Just how big and dangerous a change that will be is the deepest theme of Adam Tooze's profound and brilliant grand narrative

Then, just as Lee was extolling his notion of “Asian values” abroad, something unexpected happened in China. Faced with social upheaval brought about by Deng Xiaoping’s economic reforms, leaders in Beijing began groping for new ways to maintain order themselves. Intrigued by what Lee had been doing in Singapore, they too began reviving aspects of their old cultural edifice as a stabilizing force. The cultural vacuums in Singapore and China may have had different origins, but some version of “Asian values” suddenly felt like a comfortable remedy for both.

“I consider Deng a greater leader who changed the destiny of China and the world,” he said. He was deeply gratified by the way that Deng had brought wealth, power, order and pride back to China—still his racial homeland—as well as to all Chinese.

Deng’s admiration of Lee was just as deep. He appreciated Lee’s pragmatism and friendship, especially his refusal to criticize China for its undemocratic form of statecraft, even after the infamy of 1989. And, because “the Singapore model” proved that a country could modernize without surrendering to “wholesale Westernization,” Deng (and all subsequent leaders in Beijing) celebrated it. “If I had only Shanghai, I too might be able to change Shanghai as quickly,” he once wistfully lamented of his success. “But I have the whole of China!”

For Lee, the Chinese aphorism that best captured the uniquely Asian/Confucian view of the individual’s role in society was: Xiushen, qijia, zhiguo, pingtianxia: “Bringing peace under heaven first requires cultivating oneself, then taking care of one’s family, and finally looking after one’s country.”

Various people have described today’s supremely well-ordered Singapore as “a think tank state,” “a paradise designed by McKinsey” or “Disneyland with the death penalty.”

Modern Singapore boasts the world’s second-busiest port, its most celebrated airline and an airport that hosts 15 million visitors a year. With an annual average growth rate of almost 7% since 1976, it now has a per capita income of well over $50,000, making it the wealthiest country in Asia. And it has the second most entrepreneurs per capita in the world, trailing only the U.S.

Where did his enormous commitment and energy come from? How was he able to create such an unusual success story from virtually nothing?

Lee was a very different leader from his confreres in Beijing, but he shared something important with them: a mutual sense that, despite the long, painful and humiliating history of the Chinese people’s modern weakness, it was their destiny to make something of themselves

Lee once described the Chinese as burdened by “a sense of frustration that they were down for so long” and as “enormously ambitious to catch up.” As this rebirth finally began in the 1990s, it allowed Lee to proudly proclaim that China’s “reawakened sense of destiny is an overpowering force.” In making such utterances, he seemed to be speaking as a Chinese who identified as much with his race as with his nation

When Lee’s ancestors joined the great Chinese diaspora, they were stripped of their culture and national identities. This defoliating process created, in them and later generations of overseas Chinese, a strange kind of hunger for advancement

in Singapore, Lee could begin to satisfy that longing for progress uninhibited by the conservative traditions that have so often clashed with modernizing impulses around the world. His new country may have been an almost synthetic nation, without a coherent cultural core, but this relative vacuum ended up being a blessing in disguise when it came to the challenges of creating a completely new state from the bottom up.

China faced a similar situation in the wake of its own tectonic revolutionary upheavals. Mao Zedong once spoke of his people as possessing “two remarkable peculiarities.” They were, he said, “first poor and secondly blank,” which meant that they were inclined to “want revolution.” As he observed, “a clean sheet of paper has no blotches, and so the newest and most beautiful pictures can be painted on it.”

Mao’s savage Cultural Revolution destroyed even more of his country’s cultural legacy. But he was fond of reminding his followers that, “Without destruction there can be no reconstruction.” By the time Deng came to power in the late 1970s, his own reforms met with little resistance from those traditional forces that had so obstructed change earlier in the century. Like Lee in Singapore, Deng was aided by the fact that traditional culture had already been demolished.

Lee Kuan Yew not only made Singaporeans proud; he also made Chinese and other Asians proud. He was a master builder, a sophisticated Asian nationalist dedicated not only to the success of his own small nation but to bequeathing the world a new model of governance

Instead of trying to impose Western political models on Asian realities, he sought to make autocracy respectable by leavening it with meritocracy, the rule of law and a strict intolerance for corruption to make it deliver growth.

He saw “Asian values” as a source of legitimacy for the idea that authoritarian leadership, constrained by certain Western legal and administrative checks, offered an effective “Asian” alternative to the messiness of liberal democracy. Because his thinking proved so agreeable to the Chinese Communist Party, he became the darling of Beijing. And because China has now become the political keystone of the modern Asian arch, Beijing’s imprimatur helped him and his ideas to gain a pan-Asian stature that Singapore alone could not have provided.

The executive actions also call for a $500 million investment to improve access to mental health services, as well as changes to bureaucratic rules that impede the ability of the current national background check system to tap into databases that track people who are banned from obtaining firearms for specific mental health reasons.

200 new examiners and staff to help manage that process. 

"The gun lobby might be holding Congress hostage. But they cannot hold America hostage," Obama said. 

Gun violence, typically brought to the national spotlight in the wake of particularly brutal mass shootings, has been one of the few issues that has repeatedly moved the president to unabashed displays of anger and sadness in the public eye

"There's a general consensus in America about what needs to be done," Obama said Tuesday.

The French were actually on Greenwich Mean Time (now called Coordinated Universal Time) as recently as 1940. There were a series of time-zone switches during World War II as Germany occupied part of France, but after the war was over, France was supposed to return to Greenwich Mean Time in 1945. Alas, for reasons that are not altogether clear, the French government canceled that decision at the last moment and has remained on Central European Time ever since.

The KMT forged closer ties with China under President Ma Ying-jeou. The new president will take over from Ma, who will step down on May 20 after serving two four-year terms. China and Taiwan -- officially the People's Republic of China and the Republic of China -- separated in 1949 following the Communist victory on the mainland in the civil war.

From Taiwan, she is part of the South Korean pop act Twice. She appears in the video reading her apology off a sheet of paper, leading many to speculate that her Korean management company JYP Entertainment had coerced her to appease mainland Chinese fans, who represent a lucrative market

In particular, a younger generation fears a future under the influence of Beijing and doesn't want Taiwan to become another Chinese territory.

"Taiwanese people are very peaceful. We want a peaceful relationship with mainland China, but that shouldn't mean we have to sacrifice our way of life and our democracy," said Huang Kuo-chang, leader of the New Power Party, one of a number of smaller opposition parties.

Taiwan has elected its first female president

Tsai Ing-wen, leader of the opposition Democratic Progressive Party (DPP), won the presidency with 56.1% of the vote,

Historically, scientists have believed that early settlers known as the Clovis people migrated south through an ice-free corridor that formed as the glaciers melted at the end of the Ice Age, roughly 11,500 years ago. That “Clovis first” theory, though dominant for most of the 20th century, is a tricky one: recent radiocarbon analysis of human remains discovered at an ancient site in Chile found they were about 14,000 years old. Either the analysis was wrong, or the theory was.

A second and increasingly popular possibility is that the people of Beringia, as the land bridge is known, built themselves some boats, traveled south and began settling the American coastline long before the inland ice had melted. The Science Advances study backs up that theory: It found that the genetic diversity of early Americans exploded about 16,000 years ago, suggesting that they’d made it to the warm, wide open spaces of the North and South American continents and flourished.

By 14,000 years before present, humans inhabited the Americas from Alaska to Chile.

mitochondrial DNA only offers clues about matrilineal lines of kinship — men, and women who didn’t have children, are left out of the equation.

it does seem plausible: If you think it’s wrong to discriminate against minority applicants, shouldn’t you also think it’s wrong to discriminate against majority (white) applicants? If so, you shouldn’t support affirmative action, since it allows admitting minorities rather than whites precisely because of their race.

The last step, then, in the defense of affirmation action in college admissions is an appeal to the moral demand to compensate for the damage done to by minorities by a long history of racial discrimination. Sotomayor elaborates: “Race matters in part because of the long history of racial minorities being denied access to the political process. … Race also matters because of persistent racial inequality in society — inequality that cannot be ignored and that has produced stark socioeconomic disparities …. Race matters because of the slights, the snickers, the silent judgments that reinforce that most crippling of thoughts: ‘I do not belong here.’”

The straightforward answer is the underrepresentation of minorities in elite colleges and universities, where the percentage of minorities is far below their percentage of the population. So, for example, blacks make up 15 percent of the college-age population but only 6 percent of those enrolled at the top 100 private and public schools. There’s little hope of improvement without further action, since the figures have scarcely changed since 1980

The underrepresentation does not seem due to admissions committees’ prejudices, conscious or unconscious, that blind them to the objective credentials of minority applicants. Those rejected have lower test scores and less impressive academic and extracurricular achievements.

Some argue that these standard criteria are themselves unfair and that other factors, such as strength of character, are at least as important. Writing at The Washington Post, the Stanford education professor Linda Darling-Hammond and the venture capitalist Ted Dintersmith suggest that it may be “more about grit than GPAs.” But judgment about moral and emotional qualities can be highly subjective, and there’s no reason to think that over all, minority students are superior in these qualities.

Justice Sonia Sotomayor suggests an answer in her response to Chief Justice Roberts’s famous comment: “The way to stop discrimination on the basis of race is to speak openly and candidly on the subject of race, and to apply the Constitution with eyes open to the unfortunate effects of centuries of racial discrimination.

So the question becomes, what purpose justifies preferring minority applicants? What problem do we need affirmative action to solve?

he connection would have to lie, as Sotomayor suggests, in the present-day residues, the stubborn structural effects of centuries of mistreatment, gradually diminishing but still an undeserved burden.

The burden shows up in both economic and social terms. The wealth (total value of home, savings, investments, etc.) of middle-class white families is about four times that of middle-class black families. This gives white families a decided edge in their ability to survive financial setbacks and resources to provide a better education for their children

Similarly, due to restrictive real estate practices, wealthier blacks still often live in poorer neighborhoods than comparable whites do, reducing educational and cultural opportunities

There are also psychological effects: Black children live in a world where their very appearance presents them as “others,” often objects of either uneasy suspicion or patronizing sympathy.

So it’s hard to deny that blacks as a whole face a distinctive set of disadvantages that are primarily due to the still effective legacy of slavery.

But why think affirmative action will be an appropriate remedy?

Chief Justice Roberts and others suggest that simply knowing that they are at an elite school in large part because of their race will increase minority students’ alienation and self-doubt. To this, one common response is that athletes and legacy admissions don’t seem bothered by such concerns. But they at least can see their admission as due to their own or their families’ distinctive achievements.

why shouldn’t black students be proud to see themselves as very talented people who are a vanguard in one small effort to undo the evils of their history? And shouldn’t they expect that their children and grandchildren will move further and further toward a world where that history will eventually become truly past?

The leading intellectual of the North, Ralph Waldo Emerson, called the fugitive slave law a “sheet of lightning at midnight.” To him and many others, it revealed that Americans had been living all along in an unholy “union between two countries, one civilized & Christian & the other barbarous.”

Faced with a choice between denying the constitutional right of slave owners to recover their human property and thereby losing the Union, or tolerating slavery to the extent of returning fugitives and thereby saving the Union, Lincoln chose the latter. “I hate to see the poor creatures hunted down and returned to their stripes,” he said, “but I bite my lip and keep quiet.

In that sense, Lincoln was the embodiment of America’s long struggle to remake itself as a morally coherent nation. Under his leadership, the Civil War finally resolved the problem of fugitive slaves by destroying the institution from which they had fled

The fugitive slave law turned the nation upside down. Southerners who had once insisted on states’ rights now demanded federal intervention to enforce what they considered their property rights. Northerners who had once derided the South for its theory of “nullification”—John C. Calhoun’s idea that acts of Congress require consent from each individual state before they can take effect within its borders—now became nullifiers themselves. The fugitive slave law clarified just how incompatible North and South had become.

Most important, the fugitive slave law of 1850 made clear that slavery was not a southern phenomenon but a national phenomenon. Northerners who had once been able to pretend that slavery had nothing to do with them could no longer evade their complicity.

In fact, none of the issues of our time—economic inequality, affordability of health care, future of the environment, regulation of immigration—recalcitrant as they may be to bipartisan compromise, compares even remotely to the impasse of the mid-19th century

It implicated northerners in the business of slavery in a way they had never felt before. It made visible the suffering of human beings who had been hitherto invisible. It forced northerners to choose between coming to their aid in defiance of the law or surrendering them under penalty of the law.

The problem of the 1850s was a political problem specific to a particular time and place. But the moral problem of how to reconcile irreconcilable values is a timeless one that, sooner or later, confronts us all.

Tooze calls it a problem in “Western capitalism” intentionally. It was not just an American problem.

One of the great strengths of Tooze’s book is to demonstrate the deeply intertwined nature of the European and American financial systems.

In 2006, European banks generated a third of America’s riskiest privately issued mortgage-backed securities. By 2007, two-thirds of commercial paper issued was sponsored by a European financial entity.

“Between 2001 and 2006,” Tooze writes, “Greece, Finland, Sweden, Belgium, Denmark, the U.K., France, Ireland and Spain all experienced real estate booms more severe than those that energized the United States.”

while the crisis may have been caused in both America and Europe, it was solved largely by Washington. Partly, this reflected the post-Cold War financial system, in which the dollar had become the hyperdominant global currency and, as a result, the Federal Reserve had truly become the world’s central bank.

therein lies the unique feature of the crash of 2008. Unlike that of 1929, it was not followed by a Great Depression. It was not so much the crisis as the rescue and its economic, political and social consequences that mattered most

The Fed acted aggressively and also in highly ingenious ways, becoming a guarantor of last resort to the battered balance sheets of American but also European banks. About half the liquidity support the Fed provided during the crisis went to European banks

Before the rescue and even in its early stages, the global economy was falling into a bottomless abyss. In the first months after the panic on Wall Street, world trade and industrial production fell at least as fast as they did during the first months of the Great Depression. Global capital flows declined by a staggering 90 percent

But Tooze also convincingly shows that the European Central Bank mismanaged things from the start

China, with its own gigantic stimulus, created an oasis of growth in an otherwise stagnant global economy.

The rescue worked better than almost anyone imagined

The governing elite did not anticipate the crisis — as few elites have over hundreds of years of capitalism. But once it happened, many of them — particularly in America — acted quickly and intelligently, and as a result another Great Depression was averted. The system worked

The Federal Reserve, with some assistance from other central banks, arrested this decline. The Obama fiscal stimulus also helped to break the fall.

On the left, the entire episode discredited the market-friendly policies of Tony Blair, Bill Clinton and Gerhard Schroeder, disheartening the center-left and emboldening those who want more government intervention in the economy

On the right, it became a rallying cry against bailouts and the Fed, buoying an imaginary free-market alternative to government intervention. Unlike in the 1930s, when the libertarian strategy was tried and only deepened the Depression, in the last 10 years it has been possible for the right to argue against the bailouts, secure in the knowledge that their proposed policies will never actually be implemented.

The crash brought together many forces that were around anyway — stagnant wages, widening inequality, anger about immigration and, above all, a deep distrust of elites and government — and supercharged them. The result has been a wave of nationalism, protectionism and populism in the West today.

confirmation of this can be found in the one major Western country that did not have a financial crisis and has little populism in its wake — Canada.

No government handled the crisis better than that of the United States, which acted in a surprisingly bipartisan fashion in late 2008 and almost seamlessly coordinated policy between the outgoing Bush and incoming Obama administrations. And yet, the backlash to the bailouts has produced the most consequential result in the United States.

experts are considering the new vulnerabilities of a global economy

we are confronting a quite different problem — an erratic, unpredictable United States led by a president who seems inclined to redo or even scrap the basic architecture of the system that America has painstakingly built since 1945. How will the world handle this unexpected development? What will be its outcome? This is the current crisis that we will live through and that historians will soon analyze.

the areas first and most affected by climate change are the poorest regions of earth, we are talking about the least seen, least represented group on our planet.

That’s something humanity has never done before.

Pessimism would be an ethical catastrophe. It leads only to despair, despair to inaction, and inaction to a future world David Attenborough has described as “the collapse of our civilizations and the extinction of much of the natural world.”

we have to stay positive; it’s the only moral response to this crisis.

“We have all the tools we need, today, to stop it all: a carbon tax and the political apparatus to aggressively phase out dirty energy, a new approach to agricultural practices and a shift away from beef and dairy in the global diet; and public investment in green energy and carbon capture.”

Global emissions could be cut by a third if the richest 10 percent of humanity cut their use of energy to the same level as affluent, comfortable Europe.

Climate change is “not just the biggest threat human life on the planet has ever faced but a threat of an entirely different category and scale,”

Even if collective action manages to keep us to 2 degrees Celsius of warming — a target it looks like we are currently on course to miss — we would be facing a world in which “the ice sheets will begin their collapse, global G.D.P. per capita will be cut by 13 percent, 400 million more people will suffer from water scarcity, major cities in the equatorial band of the planet will become unlivable

“this is our best case scenario.”

We will see migration on a scale the world has never experienced: United Nations and World Bank estimates of how many people will be forcibly displaced by the middle of this century range from the tens to the hundreds of millions.

All of this will affect the world’s poor far more than the world’s rich.

We are facing a call to action that we are, on the evidence of our behavior so far, likely to ignore, unless we directly feel its urgency

The science of global warming has been settled for 40 years, but we have not just continued to pollute, we have accelerated the rate at which we’ve been doing so

“We have done as much damage to the fate of the planet and its ability to sustain human life and civilization since Al Gore published his first book on the climate than in all the centuries — all the millenniums — that came before.”

It’s not just that we know what’s happening, it’s that we’ve known for years and done nothing.

So why didn’t they?

Scientists struggled to put across a clear message with sufficient force

The effect of all this was that the fight against climate change lost momentum at a critical point.

The greater part of responsibility for the failure, however, lies with politicians and energy companies

With American leadership, Rich writes, “warming could have been held to less than 1.5 degrees.”

Climate change is a tragedy, but Rich makes clear that it is also a crime — a thing that bad people knowingly made worse, for their personal gain

posterity will find it hard to believe, and impossible to forgive.