Why in the world do we need yet another “new” economics? Jamming the libraries and the bookstores of the world are avatars of what must be every variation on the great themes of market and managerial economics. Scores of Nobel Prizes have been awarded for various nugatory refinements of the prevailing ideas.Read more
"There were giants in the earth in those days.” The death on December 19 of Robert Bork—superb legal scholar, preeminent constitutional thinker, principled public servant—calls to mind the other giants of American conservatism who have left us in the last decade: Bill Buckley and Irving Kristol, Milton Friedman and James Q. Wilson, Richard John Neuhaus and Jeane Kirkpatrick, Ronald Reagan and Jack Kemp. They were the greatest conservative generation.Read more
In his posthumous collection of essays, The Neoconservative Persuasion, Irving Kristol offers reflections into political and social issues that still hound us today. Take this passage, from his 1974 essay "Republican Virtue versus Servile Institutions," which, with a few changes in the specifics, could have been written last week:Read more
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