Preface

Article excerpt

The recent economic crisis has affected us all. Some have lost jobs, others have watched their savings evaporate, and many have doubted, rightly or wrongly, the bedrock principles of our economic system. This uncertainty has raised a host of questions: What were the causes of the financial collapse? Are the nation's economic troubles the result of moral failure, under-regulation, or something else? Were private actors or the government more to blame? How involved should the government be in shoring up our financial system, and what are appropriate legislative responses? Is free-market capitalism still a sound theory on which to base our economy?

This Issue addresses the legal, political, economic, and philosophical questions at the forefront of public discourse about the economic crisis. The authors are politicians, economists, legal scholars, analysts, civil servants, and philosophers. The Essays and Articles present a myriad of answers, inviting the reader to weigh the arguments presented and reach his own conclusions. As the leading forum for conservative and libertarian legal scholarship, the Journal enjoys a diverse readership, and we therefore solicited a broad spectrum of views on these topics. …