
Veronique de Rugy is the George Gibbs Chair in Political Economy and a senior…
After decades of slowed productivity growth, many Americans — especially younger ones — no longer feel confident their work will be rewarded or that the future will be more abundant than the past.

Social insurance programs are compatible with a basic safety net, but what we have now is a slow-motion generational fleecing.

One likes price floors, the other likes rent control. They’re both waging the same ‘war on prices,’ as one analyst puts it.

Both ends of the political spectrum imagine a nation crushed by a rigged system that can be fixed only through a radical redesign of government.

In certain circles, especially among ‘postliberal’ thinkers on the right, it’s now fashionable to claim that the Constitution has failed.

Both liberals and conservatives harbor the conceit that their own intentions can finally succeed where decades of intervention have failed.


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