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“... it did partly out of concern that the public would panic if told the truth. The policy has failed. Morone and Woodhouse, in their useful Lessons for Democratic Control of Technology, suggest that had the establishment been less paternalistic and greedy, and more open to public scrutiny and debate, when the industry expanded prematurely in the Sixties, it might ...”

“... will be the old age of the government if it is thus early decrepit!’ the French ambassador Joseph Fauchet sniffed in 1792. The ‘whole nation’ is ‘a stock-jobbing, speculating, selfish people. Riches alone here fix consideration.’ Those early American foibles – cash, class and corruption – are at the heart of our present troubles. The most ...”

“... Ivy League, ‘egg-headed, homosexual, left-leaning financiers’, as the Wisconsin senator Joseph McCarthy described them, unfit for the rough and tumble real world? The new rich despised the rules that bound entrepreneurs in the name of social security. They detested the welfare state, which, as they saw it, only coddled the lazy and the losers. They ...”