By Lambert Strether of Corrente. Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “They had one weapon left and both knew it: treachery.” –Frank…

Passengers line up for thermography to check body temperature at Beijing Station. (AP Photo by Yomiuri Shimbun) This article, which first appeared in the Washington Post, was written by Rothstein and Jared Bernstein, who is…

A combination of supply and demand shocks have sent oil prices plunging and financial markets tumbling. This column argues that if the decline in oil prices persists, it will erode the fragile macroeconomic and social…