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Matt McManus — Liberalism, Classical and Egalitarian

Summary:
Conservatives are about conserving and that means orienting toward tradition, that is, the past.  Classical liberalism was a product of 18th century thought, specifically "the Enlightenment." Attempting to return to the past in the 21st century, especially as far back as the 18th century, is a fool's errand. In this sense, orthodox Marxism is also conservative in that it looks to the 19th century, and "orthodox" economics in contrast to "heterodox" economics looks to the 20th century. Orthodox religions look back centuries, if not millennia. Time to move on. We should remember that we "stand of the shoulders of giants." But we need to build on them instead of worshipping them. Quillette Liberalism, Classical and EgalitarianMatt McManus

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Conservatives are about conserving and that means orienting toward tradition, that is, the past. 

Classical liberalism was a product of 18th century thought, specifically "the Enlightenment." Attempting to return to the past in the 21st century, especially as far back as the 18th century, is a fool's errand.

In this sense, orthodox Marxism is also conservative in that it looks to the 19th century, and "orthodox" economics in contrast to "heterodox" economics looks to the 20th century. Orthodox religions look back centuries, if not millennia.

Time to move on. We should remember that we "stand of the shoulders of giants." But we need to build on them instead of worshipping them.

Quillette
Liberalism, Classical and Egalitarian
Matt McManus
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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