May 29, 2002
Strobe Talbott, _The Russia Hand_

Strobe Talbott, Deputy Secretary of State in the Clinton administration and longtime Friend of Bill, has written his memoirs. They are extremely well-written, fascinating, informative, and a marvelous addition to the historical record. They give us a ringside seat at U.S.-Russian relations in the 1990s. There were two great problems in Russian economic reform. The first was that nobody knew what to do: nobody had ever undertaken a transition from socialism to capitalism before. The second was that the Russian political nation did not know what it wanted to do...

Posted by DeLong at 02:21 PM

May 23, 2002
Strong American Relative Growth

During the 1990s, U.S. economic growth by far outstripped that of the other major industrial economies.

Posted by DeLong at 02:27 PM