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James Madison (1829)
The more thorough the examination of the question which relates to the encouragement of domestic manufactures, the more the true policy… will be found to lie between the extremes of doing nothing & prescribing everything, between admitting no exception to the rule of ‘laissez faire,’ and converting the exceptions into the rule.Return to the Commons
American Made: What Happens to People When Work Disappears, by Farah Stockman (Random House, 432 pp., $28) Farah Stockman’s new book, American Made: What Happens to People When Work Disappears, documents the closure and relocation of an Indianapolis Rexnord bearing plant to Mexico and Texas. Stockman, a New York Times reporter, was assigned to cover […]
About a year ago I published an American Compass essay on “The Five Deadly Sins of the Left.” In that essay, I addressed the surprising fact that the left has not performed as well as one might expect, given the poor performance of free-market capitalism in the 21st century. Even the financial crisis of 2008–09 […]