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Daniel Shuchman

Liberal pundits of the world, unite!

As I write this, Thomas Piketty’s book “Capital in the Twenty-First Century” is No. 1 on It’s been deemed an “important book” by a bunch of smart people. Why not? It validates many of the preconceived notions progressives have about capitalism: Inequality is growing. Mobility is shrinking. Meritocracy is dead. We all live in

The return of punitive liberalism

 Punitive liberalism never really went away, but it’s been lying fairly low for years.  The Left has been trying to reinvent itself as a central-planning technocracy whose wise stewardship of the economy can guarantee prosperity for all.  When they talk about tax increases, they stuff themselves into threadbare deficit hawk costumes with duct-tape patches, wilting