Is there still a market-friendly party in America?

Republicans are still more pro-market than Democrats, but conservativism itself is losing its enthusiasm.

Now a large part of the conservative movement is turning against free markets. This shift may well be bigger and last longer than the presidency of Donald Trump. 

All of which raises an uncomfortable question for free-marketers like me: Is there still a market-friendly party in America?

Elon Musk, perhaps the most powerful member of the administration, could be described as pro-market, or at least pro-efficiency. 

Treasury Secretary Scott Bessent, Interior Secretary Doug Burgum and economic advisers Kevin Hassett and Stephen Miran are all pro-market. 

And then there is the probable future of the party, Vice President JD Vance, who is a graduate of the market-skeptical Yale Law School of Economics. 

Allison Schrager Bloomberg 7 mars 2025

https://www.bloomberg.com/opinion/articles/2025-03-07/the-free-market-conservative-is-a-vanishing-breed


MAGA Wants to End Capitalism as We Know It

https://englundmacro.blogspot.com/2025/03/maga-wants-to-end-capitalism-as-we-know.html


The Oxford Curriculum; Allison Schrager

https://englundmacro.blogspot.com/2024/12/the-oxford-curriculum-allison-schrager.html





Kommentarer

Populära inlägg i den här bloggen

Pfizer in 2019 sold $20 billion of drugs in the U.S. Its federal tax bill? Zero; Ireland

My blogg short index

Cognitive blind spots