Marginal Revolution: What is conservatism?

"8. Fiscal conservatism is part and parcel of conservatism per se. A state wrecked by debt is a state due to perish or fall into decay. This is a lesson from history. States must "save up their powder" for true crises and it is a kind of narcissistic a

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Marginal Revolution: What is progressivism?

"Progressive policies offer more scope for individualism and some kinds of freedom. Greater security gives people a greater chance to develop themselves as individuals in important spheres of life, not just money-making and risk protection and winning re

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