The failure of the elites

Since the Lehman bankruptcy, politicians and the financial elite have been disenchanted. Populists have a boost, the liberal order is in danger.

This commentary is from the column “Mayers Weltwirtschaft” (Mayer’s World Economy) which was published in the FAS (Frankfurter Allgemeine Sonntagszeitung) and is available online at www.faz.net (in German only).