This book is about how the Wall Street Journal's opinion pages became the leading forum for the discussion of political and economic policies in the US. The Wall Street Journal also is international, with print editions in Europe and Asia, translated supplements in many foreign newspapers and online products available globally. The opinions on its pages are thus also part of an international debate. This book goes back to the original editorials of Charles Dow and his beliefs in political and economic freedom, to explain how the Journal attained such prominence and influence.
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George Melloan. Free People, Free Markets
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TABLE OF CONTENTS
Preface
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Wrote the Journal: “It is impossible to escape the conclusion that those in charge of the military and naval departments are temperamentally unfitted for their task . . . Mr. Daniels is typical of the handicap a country governed by popular politics carries into a war. He can regard the Navy as a high school for the enlisted man, as a floating branch of the YMCA, as a militant temperance machine, as a carrier of mails or even of cargo. But he cannot regard it as a fighting machine trained to the minute.”
On the whole, however, the American expeditionary force acquitted itself well and was sufficiently effective to tip the balance toward a Triple Entente victory, if the devastation and loss of so many young men could be called a victory for anyone.
