Michael Mandelbaum

Words matter, especially words defining complicated political arrangements, because they shape perceptions of the events of the past, attitudes toward policies being carried out in the present, and expectations about desirable directions for the future.

Economic growth is necessary to keep the promise - enormously important to individual Americans - that each generation will have the opportunity to become more prosperous than the preceding one, the popular term for which is 'the American dream.'

As a kid, I always idolized entrepreneurs. I thought they were cool people in the way that I thought basketball players were cool people. It's cool that some people get paid to dunk basketballs, but I'm not one of those people.