THE DEATH OF CONTRARIANISM: The great irony is that The New Republic is repudiating contrarian neoliberalism precisely when we need it most,” Matt Welch writes in the new issue of Reason. “Somewhere, some day, a left-of-center critique of the Obamaite consensus will emerge, perhaps even one that revives the neoliberal economic ideas currently out of fashion. It’s hard to know where the epistemic opening will come from, but we can say for certain where it won’t: The New Republic.”

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