Can Rationalism Make it in the Long Run?

Oakeshott on Rome and America by Gene Callahan Charlottesville: Imprint Academic, 2012 Hardcover, 250 pages $50. Paperback, 200 pages, $40.Gene Callahan’s Oakeshott on Rome and America brings Oakeshott’s famous critique of Rationalism to bear upon the concrete...

Better Average Than Unequal

Average Is Over: Powering America Beyond the Age of the Great Stagnation by Tyler Cowen. New York, NY: Dutton, 2013. Hardcover, 290 pages, $26.95.In his latest book, Tyler Cowen takes up where The Great Stagnation, his penultimate work, left off. If America’s economy...

The Chastened Planner

Understanding the Process of Economic Change by Douglass C. North. Princeton University Press (Princeton and Oxford), 187 pp., $10.00 cloth, 2005.Douglass C. North’s new book represents a watershed in the social engineering consciousness. North, who won the Nobel...