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Bank of the world, three ways

The U.S., in aggregate, acts as a bank to the rest of the world. The precise role of that bank has evolved over the course of the crisis. Read more

Of the difference between the historian and the filmmaker

Months ago, I got a message from a friend that was a swift and excited line: Errol Morris was writing a series of posts about science, even more remarkable about Thomas Kuhn. Read more

Copper standard

I am late to the party on the inventive use of copper by Chinese companies seeking alternative sources of funds. Read more