True Progressivism

The Economist:

At the core, there is a failure of ideas. The right is still not convinced that inequality matters. The left’s default position is to raise income-tax rates for the wealthy and to increase spending still further—unwise when sluggish economies need to attract entrepreneurs and when governments, already far bigger than Roosevelt or Lloyd George could have imagined, are overburdened with promises of future largesse. A far more dramatic rethink is needed: call it True Progressivism.

The closest thing I’ve seen in a while to a political manifesto I can get behind.

I don’t always see eye-to-eye with the Economist, perhaps most notably its endorsement of the disastrous George W. back in 2000. But it’s the most reasonable of the publications I read regularly.