Brain Food from Walter Russell Mead

Professor Chace  
whose nom de plume is Walter Russell Mead

Two Johnson-era quagmires costlier than the Vietnam war are with us today. The medicare/medicaid complex and the war on poverty make TARP look like small change.  Another thoughtful read from Mead.

Just as good: Net worth drops for Black and White Households - Unequally

Correction:  Mead is Mead and he holds the James Clarke Chace chair at Bard College NY.