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capitalism

The Right and Future of Capitalism: Part 2

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I don’t underestimate the difficulties in trying to shape the culture in which our markets operate. They are indeed formidable. But undertaking that type of work helps define, I suggest, what it means to be a conservative in the modern world.
capitalism

The Right and the Future of Capitalism: Part 1

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Conservative economics, unlike the fundamentalism that supplanted it, embraces reason. As conservatives, we begin with a confident assertion of what the market is for and then consider the public policies necessary for shaping markets toward that end.
remote work

The Conservative Case for Remote Work

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If conservative organizations want to promote an economy that centers around the family, one that rebuilds the small town and restores a healthy culture, they need to do more than promote the right family policies and tax credits.
family

Modern Families and the Messes We Make

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Assistive reproductive technologies such as in vitro fertilization not only involve serious medical risks, they also disrupt family life and commodify human beings.
Presidential council on bioethics

George W. Bush’s Bioethics Council, Revisited

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The silent disappearance of the presidential bioethics council breaks fifty years of tradition. Sadly, this break came at a perilous time for bioethics.
Delivery and installation of a modular frame house. Frame construction of small houses. Modular housing construction. Your house. An inexpensive house.

Better Housing Would Make Families Happier

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Modern life in the United States is atomizing, lonely, and hard on family bonds. Improving the housing stock would help alleviate these challenges.
old books row background

The Bookshelf: Editions and Subtractions

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A book in its entirety, once given to the world, is a kind of integer, a whole from which nothing should be subtracted if it is to remain what it is.

The Semiconductor Industry and the Future of the World Economy (II)

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My reading of the current economic and geopolitical situation is that at least in the short term, the United States will control enough pressure points to make life seriously difficult for the Chinese semiconductor industry.
Computer support engineer installing processor. Microprocessor with clearly visible silicon core and cache chip. Installation of computer processor in the socket.

The Semiconductor Industry and the Future of the World Economy (Part I)

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Without a leading semiconductor industry of its own, China will not have the military capability to challenge the United States for world military leadership and, for example, be able to “reconquer” Taiwan. Similarly, without the best in-house processors, it is difficult to exploit all the advantages promised by artificial intelligence, including its military applications such as programming advanced drones.
happy parents sitting on sofa and looking at little kids playing with domino tiles at home, 1950s style

Conservatives Can Do Better Than ’50s Nostalgia

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The 1950s have two main nostalgic pulls on conservatives: aesthetic and technocratic. Both rely on a constructed past that has little to do with the realities of American history—and therefore neither type of ’50s nostalgia offers serious solutions to the country’s problems. In fact, early conservatives like William F. Buckley, Robert Nisbet, and Russell Kirk saw the postwar liberal settlement of the ’50s as a betrayal, not an embodiment, of the best of the American political tradition.
Digital painting of crowds cheering or demonstrating with waving USA flags in Washington DC, digital artwork with matte painting

National Conservatives for the Status Quo?

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By deviating from the American political tradition, national conservatives double down on rather than challenge many of our political ills.
welding worker with sparks arcing

The Economy Will Always Be Partial

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In The Next American Economy, Samuel Gregg argues that the free market is the answer to what ails our economy. But much of what’s understood as the blessings of free markets and free trade is no less the result of politics and partiality. There are always competing interests involved; a policy that works for families or for workers might not work for entrepreneurs, and vice versa.

The Cash Economy’s Liquidation of Social Stability

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In some ways, the central problem of America has become liquidity: wealth, energy, and the self all have lost their solidity. The flow of money has had a profoundly corrosive effect on our financial institutions and also our social ones. But there’s no going back to a golden age. Only by reinvigorating our modes of association can we successfully address the pathologies brought on by the quest for financial (not economic) independence.
Nighthawks painting

Third Places: Restoring Civic Life and Resisting Consumerism

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The drive for maximal efficiency and convenience has impoverished the fabric of our daily lives. As we forget the value of place, we occupy increasingly thin, homogenized, placeless environments. The role we can play in these sterile settings is only one of consumption, not citizenship. That is why we must turn to third places: they help us form close friendships and increase our civic involvement, and they compose the social infrastructure of a community.
flags, china, america

Human Rights, the China Challenge, and American Foreign Policy: A Conversation with Peter Berkowitz

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The aim of our Constitution is to secure freedom in America by securing rights. The aim of American foreign policy should be to secure freedom at home, with a view to opportunities and threats abroad. We must always ask: what’s the best mix of military might, economic power, diplomacy, and championing of human rights that enables us to secure freedom at home and maintain a free and open international order?
Photograph of a busy street city

The Steady State Delusion

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While still on the fringe, organizations like The Center for the Advancement of the Steady State Economy (CASSE) seek to push anti-growth ideas into the political mainstream. The vision is economically illiterate, politically implausible, and incompatible with America’s constitutional freedoms.

From the Archives: Erika Bachiochi on the Future of Pro-Life Feminism

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The question that divides us is how we ought to respond to reproductive asymmetry: the reality that women carry disproportionate burdens due to our special role in human reproduction. What makes one a feminist is the view that this basic inequality at the heart of reproduction is one that deserves, in justice, an affirmative cultural response. We wish not only for maternity to be celebrated for the true privilege it most certainly is, but also for women to be encouraged and supported in other contributions they make. This requires that the burdens of childbearing ought to be shared not only within the family, but also across the wider society too.
Eberstadt

From the Archives: Mary Eberstadt on What Plagues the West

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“Post-revolutionary men and women are living in ways that are profoundly unnatural for the ineradicably social creatures that we are; and many are suffering as a result, at times without even knowing the name of what ails them. This preoccupation, and the desire to do something about it, continues to shape my work.”
Farm

Resisting Impossible Career Choices: My Family’s Move to the Farm

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Rory Groves argues in his 2020 book, Durable Trades, that we should secure careers that will see us through from entry to retirement while supporting—rather than opposing—the relational and economic development of our families and communities. In my family’s case, farming was a way to enjoy the benefits of a durable trade while making up the gap between a single income and a double income.
Syringe and vaccine

Four Economic Lessons on Vaccine Development and Distribution: A Case Study of the U.S. and the European Union

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The COVID-19 pandemic provided us with many real-world examples of timeless economic principles.
Robot hand and human hand

Artificial Intelligence Can’t Solve the Knowledge Problem

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The only reliable method we have found to aggregate preferences, abilities, and efforts is the free market. Through the price system, it aligns incentives with information revelation. This method is not perfect, and its outcomes are often unsatisfactory. Nevertheless, like democracy, all the other alternatives, including “digital socialism,” are worse.
Expectant couple

The Family Policy Imperative

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Conservatives need to start thinking of children as an investment in our economic future. Families, too, need to start thinking of children as an investment and not a cost—as they did in the past, when children were employed in farm work. The only way to do this in the modern economy—an economy that has severed the age-old link between children and additional labor—is by ensuring that economic resources are directed toward families by the state.

Cultural Anxieties, Not Economic Woes, Drove the Trump Train

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Many conservative elites know that cultural resentment has the potential to take the Republican Party in an ugly direction. That’s why so many of them cling to the alternative explanation: “It wasn’t racism or misogyny that was motivating Trump voters! It was righteous anger that their government hasn’t done more to protect them from the ravages of globalization!” In reality, to the extent that the Trump coalition was unified and energized by anything, survey data suggest that it was cultural issues, not economic ones.
American factory workers

The Limits of the Free Market: Four Responses to Samuel Gregg

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What role does economic policy have to play in advancing a conservative agenda? Should the American right move away from a commitment to an unfettered free market and embrace nationalism, protectionism, and more government support for families?
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