Dark Horses

Among the most important (and least noted) intellectual developments of our time is the theoretical triumph of free-market economics.

Where once the dogmas of interventionism reigned supreme, the elegance and efficacy of the market system are now conceded. On college campuses, in Washington think-tanks, even in the purlieus of working politics and politicians, the impossibility of fine-tuning the economy and the superior virtues of the pricing mechanism are acknowledged, and, in some respects at least, put into practice.

MS

About the Author

M. Stanton Evans

Among the most important (and least noted) intellectual developments of our time is the theoretical triumph of free-market economics.

Where once the dogmas of interventionism reigned supreme, the elegance and efficacy of the market system are now conceded. On college campuses, in Washington think-tanks, even in the purlieus of working politics and politicians, the impossibility of fine-tuning the economy and the superior virtues of the pricing mechanism are acknowledged, and, in some respects at least, put into practice.