Redistribution is a vital topic for conservatives as we question stale orthodoxies and reexamine how first principles can help to address modern challenges. In this respect I agree entirely with recent comments by Sam Hammond, both here on The Commons and at The American Conservative, insisting that the right-of-center must get beyond “hostility to anything […]
The Wall Street Journal’s defense of private equity (“Populists Don’t Know Much About Private Equity”) is an impressionist masterpiece of market fundamentalism, relying on the unexamined assumption that fees paid to private-equity partners represent “social value.” One can simply step back and gawk in amazement, but true appreciation requires poring over each brushstroke.
The opinion pages of both the Financial Times and Wall Street Journal have featured calls for industrial policy in the past week, an encouraging trend toward realism about the necessary role for government in a free-market economy. In the Times, yesterday’s editorial warned against “the absence of a proactive industrial policy” and argued that “quick […]
THE AMERICAN CONSERVATIVE—American Compass’s Oren Cass describes the parameters of the fight on the right and makes the case for a Post-Trump conservatism.
I was jolted by the familiar echo, reading Chris Arnade’s “Cops and Teachers,” of an argument I’ve made a thousand times. It was an obviously conservative point, turned suddenly into a refutation of a popular conservative stance. Speaking in the context of safety-net policy, I often try to distinguish between policies that maintain households in poverty […]
Professor Dan Drezner is again illustrating how we ended up with a misbegotten consensus on globalization built upon inadequate assumptions and shallow analysis. A couple of weeks ago, we encountered him badly mischaracterizing a study about the supposed value of trade liberalization. Breezing past that issue, he is back now with a more outlandish claim, […]
Outdated environmental regulation poses an irrational barrier to reshoring efforts.
PAIRAGRAPH—American Compass’s Oren Cass participates in a written debate with Duke University’s Michael Munger over the need for American industrial policy.
Professor Dan Drezner has been crudely criticizing Senator Josh Hawley’s New York Times op-ed on U.S. withdrawal from the WTO—treating it “the way one would treat an undergrad paper in global political economy,” awarding a C-minus, and offering the feedback that, “You can do better work than this, Josh. Put in the effort, do more […]
American Compass launched in early May to widespread media coverage and generous praise from politicians, scholars, and commentators.
Debates over family policy are centering on the idea that households should be “paid” for raising children. The latest salvo comes from the New York Times, which celebrates Mother’s Day with an essay by Kim Brooks entitled, “Forget Pancakes. Pay Mothers.” Gladden Pappin applauded it on Twitter as “such an important essay” and chided “pro-family […]