"Why do democracies keep lurching from success to failure? The current financial crisis is just the latest example of how things continue to go wrong, just when it looked like they were going right. In this wide-ranging, original, and compelling book, David Runciman tells the story of modern democracy through the history of moments of crisis, from the First World War to the economic crash of 2008. A global history with a special focus on the United States, The Confidence Trap examines how democracy survived threats ranging from the Great Depression to the Cuban missile crisis, and from Watergate to the collapse of Lehman Brothers. It also looks at the confusion and uncertainty created by unexpected victories, from the defeat of German autocracy in 1918 to the defeat of communism in 1989. Throughout, the book pays close attention to the politicians and thinkers who grappled with these crises: from Woodrow Wilson, Nehru, and Adenauer to Fukuyama and Obama.The Confidence Trap shows that democracies are good at recovering from emergencies but bad at avoiding them. The lesson democracies tend to learn from their mistakes is that they can survive them--and that no crisis is as bad as it seems. Breeding complacency rather than wisdom, crises lead to the dangerous belief that democracies can muddle through anything--a confidence trap that may lead to a crisis that is just too big to escape, if it hasn't already."--

What kind of hypocrite should voters choose as their next leader? The question seems utterly cynical. But, as David Runciman suggests, it is actually much more cynical to pretend that politics can ever be completely sincere. The most dangerous form of political hypocrisy is to claim to have a politics without hypocrisy. Political Hypocrisy is a timely, and timeless, book on the problems of sincerity and truth in politics, and how we can deal with them without slipping into hypocrisy ourselves. Runciman tackles the problems through lessons drawn from some of the great truth-tellers in modern political thought--Hobbes, Mandeville, Jefferson, Bentham, Sidgwick, and Orwell--and applies his ideas to different kinds of hypocritical politicians from Oliver Cromwell to Hillary Clinton. Runciman argues that we should accept hypocrisy as a fact of politics, but without resigning ourselves to it, let alone cynically embracing it. We should stop trying to eliminate every form of hypocrisy, and we should stop vainly searching for ideally authentic politicians. Instead, we should try to distinguish between harmless and harmful hypocrisies and should worry only about its most damaging varieties. Written in a lively style, this book will change how we look at political hypocrisy and how we answer some basic questions about politics: What are the limits of truthfulness in politics? And when, where, and how should we expect our politicians to be honest with us, and about what?