Playing with Economic Fire

Source: Quillette
by Phillip W Magness

“National Conservatives, or NatCons for short, are a recently emergent branch of the American political Right. They emphasise conservative social and cultural values but also embrace the tools of big government to manage and manipulate the economy, and to reinforce a nebulous concept of ‘national identity.’ They reject the free-market tenets of the old Reagan Republican coalition, and 20th-century conservatism in general. Instead, NatCons offer an economic platform emphasising goals like high protectionist tariffs, federally funded industrial programs, and even redistributive tax policies that aim to ‘soak the rich’ and thereby finance an expansive agenda of public spending in other areas. Many NatCons favour aggressive regulatory actions by the government in the name of antitrust enforcement. Some have even floated traditionally left-wing ideas like price controls and the nationalisation of strategic industries.” (05/14/25)

https://quillette.com/2025/05/14/populism-and-financial-illiteracy-trump-natcon-economics-problem/