A Crisis of Liberalism?

A new strain of conservative intellectuals think an embrace of free-market economics should take a backseat to a more communitarian approach. At the same time, an energized group of progressives wants to dramatically expand the reach of the federal government. Both groups take as read that the free market isn’t adequately serving the public’s needs. Richard Epstein examines those claims and explains the vital factor missing from both diagnoses: the importance of civil society.