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Dismantling Roosevelt’s New Deal

In the midst of the congressional debate over Donald Trump’s tax bill, leftists accused Republicans of planning to dismantle Franklin Roosevelt’s New Deal. While the fear-mongering was baseless, given that Republicans favor the New Deal programs and philosophy as much as liberals do, the question naturally arises: Why shouldn’t Americans dismantle this almost- century-old socialist and interventionist experiment?   It is ...

Pinochet’s Chicago Boys versus Freedom

Ever since the U.S.-supported military coup in Chile that brought Gen. Augusto Pinochet to power in 1973, American and Chilean conservatives have extolled the economic policies that the Pinochet regime brought to Chile. The policies, which conservatives have long described as “free-market,” originated within a group of Chilean economists known as the Chicago Boys, who accepted governmental positions in ...