Despite major victories in the past decade, classical liberal ideals have been eclipsed by an uninspiring political pragmatism. If the leaders of the freedom movement are to recapture the public imagination, they must articulate a moral vision as grand as that of their early antislavery campaigns.

James M. Buchanan, Jr. (1919–2013) was the Emeritus University Professor of Economics in the Center for the Study of Public Choice at George Mason University of the winner of the 1986 Nobel Prize in Economic Sciences.
EconomistsEconomyFreedomGovernment and PoliticsLaw and LibertyPhilosophy and ReligionPolitical TheoryPublic Choice
Other Independent Review articles by James M. Buchanan, Jr.
Winter 2001/02 Globalization as Framed by the Two Logics of Trade