SPECIAL PROJECT: American Renewal

SPECIAL PROJECT THE BELIEF IN AN ever better tomorrow, the conviction that obstacles exist to be overcome and that the U.S. has a strong and beneficial role to play in the world—these constitute the American secular religion.

For some time now, that religion has been corroded by doubt. Intractable inflation seems to have turned the good life into a treadmill and has shaken our confidence in the future—America's last frontier. Our industry appears to have lost its productive magic, its daring, and sometimes even its...

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