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Saving the Soul of Classical Liberalism

March 20, 2013 in Economics

The March/April 2013 issue of Cato Policy Report features an essay on the challenges facing classical liberalism from the late economist and Nobel laureate James M. Buchanan. “Classical liberalism cannot secure sufficient public acceptability when its vocal advocates are limited to ‘does it work?’ pragmatists,” wrote Buchanan. “A vision, an ideal, is necessary.” Also in this issue, Cato chairman Robert A. Levy discusses reforming the electoral college.

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