Reality's Liberal Bias

The chairman of the Federal Reserve, Ben S. Bernanke, and the Treasury secretary, Henry M. Paulson Jr., have thrown their party's theories aside and dived into the financial crisis determined to avoid the mistakes that turned a depression into the Depression. The New York Times chronicles in its business section (here) how the "professor" prevailed against the "banker," the crisis returning us to a valuing of intelligence over savvy, of education over "gut." All the adolescent absolutism and macho aggressiveness of laissez-faire business dealings so beloved by the Republican Party have been shown once again to be neither wise not prudent. I can only hope that people will see that, in a real world, the only things that work for long are "nuanced" and the "complex," awake to history so that we don't repeat it and educated in how to see beyond the end of one's ambition.