An introduction to U.S. macroeconomic policy issues, such as how we use monetary and fiscal policies to promote economic growth, low unemployment, and low inflation.
Tanenhaus suggested that today’s conservatism is mostly bereft of substantive ideas and instead consists of extreme reactions against the liberal social and policy agenda. He said:
“These radical people on the right – and they include intellectuals and the kinds of personalities we’re seeing on television and radio and also to some extent people marching in the streets – think America has gotten away from them. Theirs is a politics of reclamation and restoration... If you are a free-marketeer, or an evangelical, or a social conservative, or even an authoritarian conservative, you can all agree on one thing: you hate the liberals that are out to destroy us. That’s a very useful form of political organization. I’m not sure it contributes much to our government and society, but it’s politically useful and we’re seeing it again today... The paradox of conservatism is that it gives the overt signs of energy and vitality, but the rigor mortis I described is still there. As a philosophy, as a system of government that all of us can learn from as a means of evaluating ourselves, our social responsibilities, [and] our personal obligations and responsibilities, it has – right now – nothing to offer.”
Reviewing Tanenhaus’ book in THE NEW CRITERION magazine, Manhattan Institute senior fellow James Piereson argued that Tanenhaus ignores much conservative thought while castigating conservatives for failings that are also common among liberals. He wrote:
“Tanenhaus does not inquire seriously into the reasons why conservatives are uneasy with the welfare state, why some see in it a threat to liberty and others an encouragement to the breakdown of the family and self-government... He acknowledges that there is an important role for conservatism, but it must be a ‘genuine’ conservatism that preserves but does not seek to overturn liberal gains... Many of the sins Tanenhaus attributes to conservatives – overly zealous attachment to principle or ideology, unwillingness to adapt to change, impatience with popular opinion – are on display as much or more among liberals. If Tanenhaus or anyone else wishes to see liberalism in action, he might venture on to an elite college campus where only liberal and leftist views are permitted peaceful expression, or out to Sacramento or up to Albany where liberal Democrats, long in control, have spent their states into near bankruptcy... If conservatism is dead, in short, then so is liberalism, and much else besides.”
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Topics for Next Meeting (Oct. 2nd)
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As we discussed in Friday's meeting, rather than having a book club leader
we are all going to bring questions related to the chapters we're reading
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Biases Inherent in this Blog
I believe it is extremely important to consider the sources of information.No one should be surprised if news reports on MSNBC have a liberal slant or if Fox News has a conservative bias. Unfortunately,far too many people only seek information that supports existing opinions and they fail to consider all sides of issues.I strongly encourage everyone to seek a broad spectrum of opinions and information sources, carefully consider them all, and then reach one’s own conclusions rather than just parroting what a favorite cable news celebrity might say.
The following information is provided to help you understand the biases that may be inherent in this blog.My primary U.S. economic policy concern is the fiscal irresponsibility of government.The Baby Boom generation, which I am part of, has spent the past 30 years accumulating massive public debt that will be passed to our children, grandchildren, and subsequent generations.I am not opposed to the reduction or elimination of any government spending program.Yet, politicians tend to call for reduced spending in general terms and fail to publicly declare specific cuts they would make.The primary cause of the massive U.S. public debt is revenue reductions (in the form of tax cuts) without similar decreases in government spending.
I am willing to consider the expansion and addition of government programs as well.I do not mind how much or little the government provides to society as long as it is paid for.I am willing to pay higher taxes for services deemed worthy, whether they be national defense, homeland security, or income assistance to those less fortunate than I.And I am certainly willing to pay less in taxes or to deposit any government check I receive.My generation, the Baby Boomers, has been very good at cutting taxes and increasing the size of government, regardless of which political party is in power.This is a prescription for financial chaos that remains a horrible legacy for future generations.
I am a professor of economics at Jacksonville University, where I teach courses in introductory economics, comparative economic development, and globalization. I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.
Excellent post on conservatism.
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