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Senior Fellow William F. Shughart discusses financial developments at General Motors and Chrysler, the real issues at stake in the TARP debate, and how Obamas bailouts are negatively affecting the limping economy.
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Economics and environmentalism are types of modern religions. So says Robert H. Nelson in his analysis of the roots of economics and environmentalism and their mutually antagonistic relations in the twentieth and twenty-first centuries. The present debate raging over global warming exemplifies the clash of these two public theologies.