Alfred Stepan and Juan Linz in a review essay (gated) in the most recent issue of Perspectives on Politics. Certainly there were many important welfare improvements in the United States from the 1930s to the late 1960s, linked to Franklin Roosevelt’s New Deal, the Civil Rights movements, and Lyndon Johnson’s Great Society. In fact, by ...

On Nov. 21, Binance, the world’s largest cryptocurrency exchange, pleaded guilty to breaking U.S. anti-money-laundering laws. Its CEO has stepped down, and the company will pay $4.3 billion in penalties. While the eye-watering fine is getting the headlines, it’s the details of the agreement that really redefine the relationship between government and crypto. U.S. authorities ...