“Austerity” has become the watchword of the year. Governors, prime ministers, and presidents around the world are talking about cutting welfare benefits, curtailing public union power, and reducing deficits. We’ve over-promised at the public trough, and now we must pay the price. Whoever is elected president in November is going to face the need to [...]
Faced with a complex, hard-to-solve problem, there is a natural human tendency to solve a much simpler, easier one instead. Nobel Laureate Daniel Kahneman, in his book, Thinking, Fast and Slow, dubs this cognitive process “substitution.” We know our political system is broken. The signs are everywhere: knee-jerk partisanship, massive debts and unfunded liabilities, widespread [...]
One contemplates the power, depth, and breadth of the finest 18th-century minds only with some trepidation and humility. Or at least, one should. The favorite study of the great men of that day, famed editor of The Nation E.L. Godkin explained in 1900, was the glorification of the person against political power. In “opposition to [...]
Eric Voegelin Eric Voegelin often is regarded as a major figure in 20th-century conservative thought—one of his concepts inspired what has been a popular catchphrase on the right for decades, “don’t immanentize the eschaton”—but he rejected ideological labels. In his youth, in Vienna, he attended the famous Mises Circle seminars, where he developed [...]