RECOMMENDED READING
American Compass Releases Conservative Economic Agenda for 118th Congress
Hayek’s Broken Promise
Comparative Disadvantage

The Republicans have lost the White House. As the election result gradually became clear several days after 3 November – a week as excruciating and protracted as anything else this dreadful year – Donald Trump was set to depart the executive mansion one way or another on 20 January.

Their hope is to “realign” American politics, making the Democrats the party of big business and the politically correct pieties of the coastal elite, while the Republicans become the party of the working class and of American values: liberty, family, faith.

A leading muse of this new dispensation is Oren Cass, whose think tank, American Compass, proposes a platform for a Republican Party that rejects “market fundamentalism” and intervenes in the economy on behalf of working families. Witnessing a Hispanic swing towards Trump – not just among the more conservative Cubans of Florida, but also in the rural, poor, formerly Democratic bastion of the Rio Grande Valley – Cass declared that the GOP was becoming a “multi-ethnic, working-class” party.

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Recommended Reading
American Compass Releases Conservative Economic Agenda for 118th Congress

Today, American Compass is releasing New Direction: Conservative Principles & Policies for the 118th Congress, an agenda for economic renewal, focused on the interests of worker, their families and communities, and the nation.

Hayek’s Broken Promise

It is a tragedy that Friedrich Hayek’s excesses, invested with the authority of his (deserved) reputation, became the unexamined default for right-of-center economic thinking in America.

Comparative Disadvantage

If comparative advantage is created rather than discovered, refusing to play the game has consequences.