Greg Grandin

The CIA's always-useful World Fact book says that a staggering 6.3 million Colombians have been internally displaced (IDP) since 1985, with 'about 300,000 new IDPs each year since 2000,' the year Bill Clinton enacted Plan Colombia. Added up, that's 2.4 million people during Clinton's eight-year presidency.

Even before the expansion of slave labor in the South and into the West, slavery was already an important source of northern profit, as was the already exploding slave trade in the Caribbean and South America. Banks capitalized the slave trade, and insurance companies underwrote it.

America's peak years of indigenous innovation ran from the 1820s to the 1960s. There were a few financial panics and two depressions, to be sure. But in this period, a frenzy of creative activity, economic competition and rapid growth in national income provided widening economic inclusion, rising wages for all, and engaging careers for most.