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Wednesday, July 13, 2011

Niall Ferguson describes the global temper tantrum

This is the age of indignation. Politics in the Western world are becoming more emotional—because our problems are so intractable...

Indignation takes different forms in different places. In Europe it’s directed against cuts in public spending. In the United States it’s directed against tax hikes, which are anathema to the Tea Party.

Whole article is at Newsweek

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