Case and Deaton have faith in the virtues of capitalism, but not in the modern American system.
Donald Trump never fails to test the limits of the American political system or ceases to undermine it.
What is in play here is whether American democracy will be capable of stopping the most authoritarian president in decades.
In this extraordinary case, impeachment is a constitutional parachute jump meant to save the republic.
The question is: how much concentration of power can a democracy take?
If both bad politicians and bad policies can win at the ballot box, ... how much confidence should we have in constitutional democracy?
And even if Trump ends up winning, his term will be forever tainted.
[W]e stand on the smoldering ruins of this political fight, with the big question: what has impeachment produced?