The Psychology of Economics And Why Trump Has Succeeded.

In 1997, James T. Patterson won the Bancroft Prize for his book Grand Expectations: The United States 1945–1974. I’m in the midst of…

In 1997, James T. Patterson won the Bancroft Prize for his book Grand Expectations: The United States 1945–1974. I’m in the midst of reading it, and a passage jumped out at me. Patterson was writing about the postwar Establishment, who dominated the next 40 years of foreign policy.

Underlying their thinking were two other assumptions. The first was that …