Once a defining principle of conservative economic policy, free-market ideology is losing ground. Traditionally, conservatives championed lower taxes, deregulation, and smaller government, but recent shifts suggest a growing embrace of protectionism, industrial policy, and government intervention. This change reflects broader political realignments and economic challenges, including concerns over globalization and national security. The shift raises questions about the future of conservative economic thought and its impact on policy-making. As free-market conservatives become rarer, the ideological landscape of the right continues to evolve.
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The free-market conservative is a vanishing breed
Once upon a time, the conservative position on economics was easy to describe: It was in favor of free markets. In terms of public policy, this
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Allison Schrager: The free-market conservative is a vanishing breed
Once upon a time, the conservative position on economics was easy to describe: It was in favor of free markets.
@ISIDEWITH10 hod10H
Schrager: The free-market conservative is a vanishing breed
Once upon a time, the conservative position on economics was easy to describe: It favored free markets. In terms of public policy, this meant support for lower taxes, less regulation, smaller governme
