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Like every banker, I remember my first bail-out fondly. Mine was January 1995 and I was working for Salomon Brothers bond trading business, and we, like all of Wall Street, had gotten ourselves out over our skis.

Self-examination is a useful exercise. I’m grateful to Henry Olsen, Micah Meadowcroft, Josh Hammer, and Michael Lind (in a cognate posting) for their reflection on the sins of the American right. I’d like to add my voice to this collective mea culpa. As a sometime theology professor, I’ll key my observations to the classical list of seven deadly sins.

After working as a manager at Chick-Fil-A for four years, Elizabeth Nowowiejski, a married mother of two living in Toledo, began a new job as a patient coordinator at a Read more…

In March 2016, as Donald Trump was headed toward securing the nomination of the Republican party for president at the Republican national convention in July, I published a piece in The National Interest about the collapse of the establishment Republican agenda.  Today, on the verge of the 2020 election, my essay is as relevant as ever:

Comprehensive benchmarking of the hedge fund, private equity, and venture capital industries against public-market indexes, updated quarterly.

Archive of Returns Counter data as of Q3 2020

If a realigned Republican Party is to emerge as a viable national political force, the ever-incisive Henry Olsen will be one of its leading architects. His American Compass essay, “The Three Deadly Sins of the Right,” once again shows us why. I would merely like to expand upon Olsen’s groundwork.

A review of the latest developments in private finance and the latest update to the Returns Counter.

I will happily agree that those are three of the sins of the American Right. But while Olsen ties snobbery and hubris primarily to Republican religiosity, separating them out from market fundamentalism, I consider the three of a piece with each other, and Olsen’s concern about GOP Christianity a bit of a red herring. 

PRESS RELEASE—American Compass’s October collection explores how Democratic and Republican establishments have been co-opted by a ruling class with little connection to most Americans’ needs.

The authors of “Dignity” and “Hillbilly Elegy” reflect on Ruy Teixeira and Henry Olsen’s essays, describe the dynamics that lead to a politics disconnected from the economic and cultural mainstream, and identify possible glimmers of hope.

How the Left and Right Fail American Voters

In this commentary for the Financial Times, Cass considers what the presidential candidates would be talking about if workers and their interests were of primary concern

Market Fundamentalism. Snobbery. Hubris.

Identity Politics. Retro-Socialism. Catastrophism. Growthphobia. Technopessimism.