A Hamiltonian Moment Again
At times it seems to be largely a battle between reactionary liberalism and reactive conservatism. Such liberalism circles the wagons to defend existing government programs from challenges (e.g., public education against school-choice voucher programs) or even modest revision (e.g., partial privatization of Social Security). Such conservatism contents itself with moderating enrichments of the entitlement menu (e.g., prescription drugs under Medicare), nibbling at the edges of government’s failures (e.g., Bush’s halfhearted school-choice proposal) and sticking with failures even as evidence against them accumulates (e....