May 15th, 2014
11:53 AM ET

What I'm reading: Nixon's 'Wizard plan'

By Fareed Zakaria

"Now Nixon’s preoccupation, even obsession, after being forced from office was to become a respected figure. It wasn’t for him to live out the rest of his life in disgrace. He was determined to become someone people listened to—a senior statesman, a sage," writes Elizabeth Drew in The Atlantic. "And the best way to be considered a sage, Nixon understood, was to establish one’s credentials as an expert in foreign policy, a man known to world leaders. Domestic policy didn’t cut it the same way: Lectures and articles on education or the environment didn’t attract the Brahmins and the business leaders Nixon wanted to attract, didn’t occupy nearly as much space on the stage. No splashy trips."

"In accordance with the Wizard plan, the former president first would write another memoir (because statesmen wrote memoirs), both to make money and to give his own version of events."

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“The only thing that can genuinely dilute the power of the new Gas OPEC is the opening up of gas supplies in countries all around the world: in Poland, Ukraine, Bulgaria, France, Israel and any other country sitting on top of significant gas deposits,” writes Ezra Levant in the National Post. “The more shale gas that comes online, the less influence that GECF can have on gas prices — and the less they are able to manipulate the world’s gas supply. The freedom that comes with gas independence is just waiting for so many countries to grasp. It’s a future that can happen. But if the anti-fracking lobby succeeds in scaring more countries away from shale, the future of natural gas is going to look like the past. Only, with Russia’s new gas cartel in the mix, rigging supply and prices, it will soon begin to look even worse.”

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“The murky brown smoke that hangs over Beijing and other industrial cities has long presented a health challenge to China,” writes Edmund Newton in the Scientific American. “Unwilling to shut the factories and coal-burning plants that cause pollution, authorities instead are seeking novel solutions. Proposals have included seeding clouds to make rain to wash particulates out of the sky and equipping bicycles with pedal-powered generators that pump fresh air into riders’ helmets. The latest idea comes from Dutch artist Daan Roosegaarde, who hopes to create bubbles of clean air in various pockets around the Beijing.”

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“Though Piketty is right that returns to capital have increased in the last few decades, he is too dismissive of the wide-ranging debate among economists concerning the causes,” argues Ken Rogoff for Project Syndicate. “For example, if the main driver is the massive influx of Asian labor into globalized trade markets, the growth model put forth by the Nobel laureate economist Robert Solow suggests that eventually capital stocks will adjust and the wage rate will rise. Retirements from an aging labor force will eventually drive up wages as well. If, on the other hand, labor’s share of income is falling because of the inexorable rise of automation, downward pressures on that share will continue, as I discussed in the context of artificial intelligence a few years ago.”

“Fortunately, there are much better ways to address rich-country inequality while still fostering long-term growth in demand for products from developing countries.”


soundoff (82 Responses)
  1. rupert

    Please pay no attention to the lady from flint michigan.

    May 16, 2014 at 2:10 pm | Reply
  2. chri§§y

    Pretty easy thing to do ya tool @ rupert! Since shes invisable! Another one of your ficticious fantasy figures i guess huh??? You are really a loon ya know? Batsh!t crazy in fact!

    May 16, 2014 at 4:17 pm | Reply
  3. J.R.

    There goes chrissy, talking to one of the biggest and most immature trolls around. I guess she has nothing better to do. Get a life honey. Maybe you and banasy can do some volunter work at the zoo. You two should feel right at home there.

    May 16, 2014 at 6:54 pm | Reply
  4. chri§§y

    Hey JR you ARE the biggest troll around! And ill talk to whomever i wish and i dont need your permission...so bite me!

    May 16, 2014 at 7:35 pm | Reply
  5. chri§§y

    And if i volunteered at the zoo i would have to deal with the likes of you more than i already do! No thanks!

    May 16, 2014 at 7:45 pm | Reply
  6. J.R.

    I'd feel right at home at the zoo. I'm always pissing up the rope I swing on anyhow.

    May 16, 2014 at 10:43 pm | Reply
  7. chri§§y

    Lol yes THAT was my point @ J.R. Maybe we could locate one that has an opening for you huh? But...you DO have to be disease-free so i dont know if that would work out!

    May 16, 2014 at 10:50 pm | Reply
    • Jeff Roem

      Does mental disease count?

      May 17, 2014 at 12:48 am | Reply
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