In the immortal Federalist No. 10, James Madison wrote, The most common and durable source of factions has been the various and unequal distribution of property. Those who hold and those who are without property have ever formed distinct interests in society. Those who are creditors, and those who are debtors, fall under a like […]
Nicholas Lemann
Nicholas Lemann is a professor at Columbia Journalism School and a staff writer for The New Yorker. His most recent book is Transaction Man.
Posted inMagazine, March/April/May 2014
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