Yglesias Award Nominee

"We are not moving from pure capitalism to pure socialism, we are moving from an already highly regulated, corporate- and individual-welfare-saturated economy to an even more regulated and redistributed economy.  (And we didn’t get to our welfare-saturated state without popular support for trying to minimize risk, however unwisely.)  The difference is one of degree, not of kind, which is not to say that we couldn’t easily reach a tipping point where differences in degree become paradigm-shifting.  Conservative commentators are right to warn about the consequences of our present course, I just wish they did so with a little less recourse to Manichean, conspiratorial, or absurd rhetoric," – Heather Mac Donald.