Basic Principles for Foreign and Military Policy

President Obama’s inaugeral address presented a cogent summary of how the United States should act in the world. One can only hope that our foreign and military policy will come to reflect the principles outlined in the excerpt below.
“As for our common defense, we reject as false the choice between our safety and our ideals. [...]

A New Era

“a new era of responsibility”

Rational Models and Social Science Failures

Discussions of the economic collapse of recent months and the apparent inability of economists to predict it, understand it, or devise useful remedies for it have often focused on the inability of the rational model of economic man to explain the complexity of human behavior. Unfortunately, social scientists have not come up with a generally [...]