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Great Power, Great Responsibility
Ross Douthat — ... In one sense, I agree with these arguments, and indeed I've made similarly-themed arguments myself. But it's also worth noting that saying "we're all to blame" for what's happened doesn't exclude the possibility that some people, and some kinds of people, are more to blame than others - because some people have greater responsibilities than others, and all mistakes are not created equal. ...

If It’s Not Your Fault, Then How Come You’re So Rich?
Matthew Yglesias — One notion gaining in popularity among writers for publications likely to be read by members of the financial elite is that maybe this whole “finding out who’s responsible for this giant catastrophe” business is a mistake. Ross Douthat rounds up a few examples of this kind of thing from his colleagues Ta-Nehisi Coates and Megan McArdle and, indeed, Ross Douthat before plugging an article in the December Atlantic and then raising some doubts: Henry Blodget makes a related argument in the ...