The autocracies of the Arab world have been as economically destructive as they've been politically repressive.

In the heart of the Great Depression, millions of American workers did something they'd never done before: they joined a union. Emboldened by the passage of the Wagner Act, which made collective bargaining easier, unions organized industries across the country, remaking the economy.

Patrimonial capitalism's legacy is that many people see reform as a euphemism for corruption and self-dealing.

James Surowiecki Quotes