Back in the 1920s Edward Filene–among other things, founder of what was the Twentieth Century Fund and is now the Century Foundation–argued that America did not need any variety of European “socialism”. Without bureaucratic rules to bind them, America’s large, efficient corporations would create lots of jobs. And because the large, efficient corporations of America … Continue reading David Frum on the Death Knell of “Welfare Capitalism”, and Where We Should Go Next