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Raghuram Rajan wants to extend more credit to create more high-skilled workers. Manzi wants more:

[I]mproving schools is not going to be close to enough. I believe strongly, for example, that we need a new approach to immigration that reconceptualizes immigration as recruiting rather than law enforcement. Though it is unfashionable to say it now, we need to figure out how to extend the market revolution to sectors of the economy that remain protected from it by political power. We have to figure out some way to prevent the self-destructive spiral that limits the social productivity of a huge fraction of the American population. We need to understand the limits to American power and attempt to match our defense expenditures to finite, achievable goals, rather than imperial fantasies. These examples are obviously drawn from a right-of-center perspective, and the list could be extended, but I think it gives some idea of the scale of the challenge that we face.

Once again, Manzi gives me hope for a saner, smarter conservatism doing the hard work of tackling the actual problems we face rather than the ideologies we cling to.

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