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    The moral majority is in headlong retreat

    Sun, 05/13/2012 - 15:30 EDT - FT.com- Comments
    • Comments

    One by one, overt racism and misogyny and, most recently, homophobia have ceased to be respectable in America, writes Edward Luce

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    Related

    • A response to Edward Luce

      I appreciate Ed Luce's taking the time to respond to our writing on his new book "Time to Start Thinking". The exchange is instructive. Unsurprisingly, I think Mr Luce is wrong in arguing that his thesis has been ignored. And I think his response here at Free exchange helps illustrate the weaknesses of the argument he presents.

    • Dartmouth Cancels Classes After Protests Over Sexual Assault And Racism On Campus

      Dartmouth College administrators cancelled classes tomorrow in response to a protest last week in which students claimed the school failed to appropriately deal with instances of sexual assault, racism, and homophobia on campus. Classes will be replaced by a day of discussions and debate, interim President Carol Folt said in a campus-wide email (read the full text below).

    • America reassembles industrial policy

      Washington never quit promoting favoured sectors, but manufacturing was simply not among them, writes Edward Luce

    • Can America regain its dynamic labour title?

      Worries persist that the US jobs crisis cannot be resolved while Barack Obama faces political polarisation and a stalling economy, writes Edward Luce

    • America is entering a new age of plenty

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    • Why America is embracing protest

      By selecting Wall Street, rather than Capitol Hill, as their frontline, protesters have maximised their symbolic appeal, writes Edward Luce

    • A New Sort of Moral Hazard in the Banking System

      One commonly hears the argument that the FDIC creates moral hazard in the banking system, because depositors aren't worried about the soundness of their banks.  I find this argument broadly dubious, since I have no idea how the vast majority of depositors could possibly be expected to have informed opinions on the soundness of their banks.  Moreover, during the Great Depression, local wealthy people--who did have quite a lot of knowledge about the banks, and the local economies into which they lent--got hammered along with the rest of America.

    • Obama channels Reagan to win over America

      Will the president succeed in rekindling passion for public service and the idea of a more interventionist state? In his favour, he can expect more windfalls from a Republican party that has abdicated any pretence at co-governance, writes Edward Luce

    • Healthcare paranoia is part of America's culture war

      By far the largest chunk of the protesters against Obama's health plan know little about the proposed reforms and have no intention of rectifying their ignorance, writes Edward Luce

    • America Headed Toward an Age of Descent: Edward Luce

      Edward Luce, the chief U.S. columnist for the Financial Times, took some time off to travel around the U.S. for several months. And what he saw left him profoundly concerned for the future.

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