Saturday, October 17, 2026
Politics

Socialism: The Newest Old Idea That Won’t Work

“It is characteristic of the unlearned,” observed Calvin Coolidge in 1919, “that they are forever proposing something which is old, and because it has recently come to their own attention, supposing it to be new.”

“I think what is so unique and refreshing about Donald Trump’s economic policies,” says Vice President J.D. Vance in 2026, “is that it is not the same old economic ideas that you would have heard 30, 40 years ago.”