|Alexander Hamilton on Finance Credit and Debt, David J. Cowen, Louisiana Purchase, Richard Sylla, Thomas Jefferson
Founding Financial Father
Unreality and Incoherence Reign at the Vatican
Jacques Rueff: Statesman of Finance and “l’anti-Keynes”
Dear Anti-Market Conservatives: Meet Wilhelm Röpke
Though conservatives are often portrayed as strong supporters of the free market, not all of them are. Now and in the past, many individuals have happily embraced the conservative label while expressing strong reservations about, if not outright rejection of, market economies.
Even so I’ve noticed, as someone who identifies very much as a conservative, that skepticism of markets among conservatives has swelled in recent years. The financial crisis of late 2007 to 2009 and the subsequent recession have hardened an attitude—including among conservatives—that free markets are essentially unfair, facilitate unhealthy cultural trends, and leave many people on life’s economic margins.
Walking in the Shadow of Globalism
In the wake of the rubble and death left strewn across Europe from the Atlantic to the Volga after two brutal wars in the space of 30 years, it was understandable that many Europeans wanted to severely tame the nation-state in 1945. What a stark domestication could portend, though, was hardly thought about. That supranational governmental organizations could ever threaten liberty, or become distinctly hostile toward national forms of political community per se, would have struck many people as far-fetched in the late 1940s. Political leaders at that time spoke in terms of a community of nations—not an international community. Today,…
In response to: Pierre Manent’s Defense of the Nation-State
More Responses
One could hardly agree more with Paul Seaton when he writes, in the June Liberty Forum essay, that the elegant voice of Pierre Manent is one that we should listen to carefully these days, as our liberal democracies are on the defensive on both sides of the Atlantic, threatened by the rise of populism and…
It has been a great pleasure for me to read Paul Seaton’s stimulating Liberty Forum essay dedicated to the political thought of Pierre Manent. With chagrin, I can report to Law and Liberty’s readers that Manent is better known and more read by American scholars than by French ones. Let this response to Seaton be an…
Perhaps the nascent Manent fan club can meet in Paris at the Café de Flore later this summer? There we could raise un verre or two to Manent, expound on our views, and hash out whatever differences we might have. Who knows, perhaps the man himself could join us? Pending that reunion, a brief response…
In my response to Paul Seaton’s Liberty Forum essay, I mentioned once the phrase “religion of humanity” that can be found in Manent’s works. As Professor Seaton points out, this is an important concept that the French philosopher uses to explain the current trend toward homogeneity in the world. Seaton claims that the term was…
Tocqueville Unplugged
Though intellectuals write endlessly about politics, relatively few enter the fray directly. One exception to this rule was the author of Democracy in America (1835, 1840) and The Old Regime and the Revolution (1856). These texts effectively serve as bookends to Alexis de Tocqueville’s active, albeit unsuccessful, career during the turbulent years of France’s July monarchy, the short-lived Second Republic, and finally the Second Empire established by that most enigmatic of political adventurers, Louis-Napoléon Bonaparte. Tocqueville served as a member of the Chamber of Deputies for much of King Louis-Philippe’s 18-year reign, a member of the Constituent Assembly charged with drafting…
Is Globalization in Retreat? A Conversation with Samuel Gregg
Samuel Gregg, Director of Research at the Acton Institute, returns to Liberty Law Talk to discuss the prospects for globalization in the wake of populist uprisings in many western democracies.
How Tradition Renews Civilization and Challenges Conservatives
In our post-Enlightenment world, the word “tradition” often carries negative connotations. When coupled with adjectives like “regressive” and portrayed as that which impedes whatever has acquired the label of progress, the idea of tradition conveys a sense of being antithetical to humans’ wellbeing. Hence we encounter phrases like, “She’s rigid and traditional.” A rather different and more creative understanding of tradition is found in the writings of the German philosopher Josef Pieper (1904-1997). Perhaps most famous for his book Leisure as the Basis of Culture (1948), Pieper spent his life engaged not only in lecturing at the University of Münster, but…
Reform, Reformations, and the West
The year 1517 is considered one of those historical watersheds—like 1789, 1914, or 1968—at which Western societies took a radical turn away from hitherto prevailing political, economic, cultural, or religious settings. Such shifts, however, never come from nowhere. History’s time-bombs are invariably years in the making. The Reformation certainly didn’t simply spring from the mind of Martin Luther. But as a historical development, it has been the subject of polemics for 500 years: not just between Catholics and Protestants, but also, over the past century, between historians and sociologists with disparate views on how the modern world emerged. Any serious study…
The Hamilton-Jefferson Clash: Stark but Intricate
One of the late Forrest McDonald’s many contributions to our understanding of the American Founding was that he illustrated, often humorously, the human side of some extraordinary men. Though often taking classic Roman republicans as role models, the Founders were, like the rest of us, given to occasional pettiness. They lost their tempers. They often resorted to underhanded methods to get their way. Nor were they above scheming against each other. Yet McDonald’s books also showed that the generation that fought for independence and then established the United States were also an unusually talented and well-educated group. Even when not…