More than 2,000 mourners filled St. Paul’s Cathedral and church bells tolled as crowds and troops lined London’s streets for the final journey of Margaret Thatcher, with Britons still divided over the legacy of their only female prime minister.
Forty years ago this month, President Richard Nixon sharply shifted his economic policy in an interventionist direction with deleterious economic results that continued for a decade and provide lessons for today.
Former U.S. Secretary of State Condoleezza Rice endorsed Mitt Romney as the Republican presidential nominee at a fundraiser in California last night, saying he understands the nation’s special place in the world.
Head for Camp David. Convene meetings. Take advice from economists, your Cabinet, all the experts. Then put forward a giant new economic program, maybe including some dramatic form of shock therapy that will calm financial markets and create jobs.