HERTOG 2019 SUMMER COURSES AMERICAN DEMOCRATIC CAPITALISM Yuval Levin, editor, National Affairs

Location: This track will take place at the University of California Washington Center, Room 317 (1608 Rhode Island Ave NW)

This intensive two-week seminar is run in conjunction with National Affairs magazine. It aims to educate advanced undergraduate students about the intersection of theory and practice in our national politics, and particularly in our key economic debates.

WEEK 1

Monday, July 22, 2019

9:30 a.m. to Noon Introduction

Readings: • Publius, Federalist No. 1 • James Manzi, “Keeping America’s Edge,” National Affairs (Winter 2010)

1:30 p.m. to 3:00 p.m. Scott Winship on Measurement and Policy Director, Social Capital Project, Joint Economic Committee

Readings: • Scott Winship, “Bogeyman Economics,” National Affairs (Winter 2012) • Scott Winship, “Wage Trends: Men’s Rising Earnings,” , June 28, 2013 • Scott Winship, “Does America Have Less Economic Mobility? Part 1,” Economics21, April, 20 2015

Tuesday, July 23, 2019

9:30 a.m. to Noon Aristotle and Locke on Economics

Readings: • Aristotle, Politics, Book I, Chs. 8–10 • John Locke, Second Treatise of Civil Government, Chs. 2, 5

1:30 p.m. to 3:00 p.m. Scott Winship on Inequality and the Middle Class Director, Social Capital Project, Joint Economic Committee

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Readings: • Scott Winship, “Overstating the Cost of Inequality,” National Affairs (Spring 2013) • Scott Winship, “Have 91% of Gains During the Recovery Gone to the Top?,” Forbes, January 27, 2015 • Scott Winship, “Did Inequality Rob Middle-Class Households Of $18,000?,” Forbes, January 13, 2015 • Scott Winship, “Middle Class Wages Are Stagnant! (Because Retirees Have No Earnings),” Forbes, May 20, 2014

Wednesday, July 24, 2019

9:30 a.m. to Noon Adam Smith on Life in a Free Society

Readings: • Adam Smith, Theory of Moral Sentiments o Part I, Section I, Chs. 1–4 o Part I, Section III, Chs. 1–2 o Part II, Section II, Chs. 1–3 • Adam Smith, The Wealth of Nations o Introduction o Book I, Chs. 1–3 o Book IV, Ch. 2 and end of Ch. 9 (pp. 686–88)

1:30 p.m. to 3:00 p.m. James Capretta on the Federal Budget Process Resident Fellow, AEI

Readings: • James C. Capretta, “Reforming the Budget Process,” National Affairs (Fall 2014)

Thursday, July 25, 2019

9:30 a.m. to Noon The Progressives and the Welfare State

Readings: • Thomas Paine, “Agrarian Justice,” 1797 • Marx and Engels, The Communist Manifesto, Ch. 1 • Herbert Croly, The Promise of American Life, Chs. 2–3 • Theodore Roosevelt, “The New Nationalism,” August 31, 1910

1:30 p.m. to 3:00 p.m. Guest Speaker: Jonathan V. Last on the Coming Demographic Crisis Executive Editor, The Bulwark

Readings: • Jonathan V. Last, “Introduction,” What to Expect When No One’s Expecting • Charles Murray, Coming Apart, “Prologue,” “Introduction to Part 1,” Chs. 1, 8

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Friday, July 26, 2019

9:30 a.m. to Noon Responses to the Welfare State

Readings: • Friedrich Hayek, The Constitution of Liberty, Chs. 2 and 17 • Irving Kristol, “When Virtue Loses All Her Loveliness,” The Public Interest (Fall 1970)

12:15 p.m. to 2:00 p.m. Group Lunch & Guest Speaker: Christopher Caldwell Senior Fellow, Claremont Institute

WEEK 2

Monday, July 29, 2019

9:30 a.m. to Noon Health Care and Entitlements

Readings: • Donald Marron, “America in the Red,” National Affairs (Spring 2010) • Kaiser Family Foundation, “Summary of the Affordable Care Act,” April 2013 • Antos, Capretta, et al., “Improving Health and Health Care,” pp. 1–26

12:15 p.m. to 2:00 p.m. Group Lunch & Guest Speakers: , columnist, New York Times | Reihan Salam, president, Manhattan Institute

Tuesday, July 30, 2019

9:30 a.m. to Noon Tax Policy

Readings: • Bruce Bartlett, The Benefit and the Burden, Ch. 1 • Congressional Research Service, “Overview of the Federal Tax System in 2018,” November 2018 • Senator Marco Rubio, “Tax Reform Should Help American Families,” , November 5, 2017 • Senator Mike Lee, “How Congress and Trump Can Reform Taxes To Put America First,” The Federalist, January 23, 2017

1:30 p.m. to 3:00 p.m. Oren Cass on the Free Market & the Labor Market Senior Fellow, Manhattan Institute

Readings: • Milton Friedman, “The Role of Government in Society,” Capitalism and Freedom • Niskanen Center, excerpt from “The Center Can Hold,” pp. 7–9

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• Oren Cass, The Once and Future Worker, Ch. 2–3

Wednesday, July 31, 2019

9:30 a.m. to Noon Trade & the National Question

Readings: • Congressional Research Service, “Trade Deficits and US Trade Policy,” June 2018 • John Maynard Keynes, “National Self-Sufficiency,” Studies: An Irish Quarterly Review, June 1933 • Wilfred McClay, “How to Think About Patriotism,” National Affairs (Spring 2018) • Yoram Hazony, “Nationalism and the Future of Western Freedom,” Mosaic, September 2016

1:30 p.m. to 3:00 p.m. Oren Cass on Coping with Climate Change Senior Fellow, Manhattan Institute

Readings: • David Wallace-Wells, “The Uninhabitable Earth” New York Magazine, July 10, 2017 • Oren Cass, “The Problem with Climate Catastrophizing,” Foreign Affairs, March 21, 2017 • Michael Mann, “Climate Catastrophe is a Choice,” Foreign Affairs, April 21, 2017

Thursday, August 1, 2019

9:30 a.m. to Noon Higher Education & Liberal Education

Readings: • Andrew Kelly, “Higher-Education Reform To Make College and Career Training More Effective and Affordable,” Room to Grow • Leo Strauss, “What Is Liberal Education?” Introduction to Political Philosophy

1:30 p.m. to 3:00 p.m. Rick Hess on K-12 Education Resident Scholar & Director of Education Policy Studies, AEI Readings: • Frederick M. Hess and Andrew Kelly, “A Federal Education Agenda,” National Affairs (Fall 2012)

Friday, August 2, 2019

9:30 a.m. to Noon Rick Hess on Choice in Education Resident Scholar & Director of Education Policy Studies, AEI Readings: • Frederick M. Hess, “Our Achievement Gap Mania,” National Affairs (Fall 2011) • Frederick M. Hess, “Does School Choice “Work”?,” National Affairs (Fall 2010)

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1:30 p.m. to 3:00 p.m. Mobility, Opportunity, & Populism – Concluding Discussion

Readings: • Jared Bernstein and Scott Winship, “Policy Options for Improving Economic Opportunity and Mobility,” June 2015 • Ron Haskins, “Getting Ahead in America,” National Affairs (Fall 2009) • Peter Lawler, “Our Country Split Apart,” National Affairs (Winter 2017)

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Instructor and Speaker Bios

Instructor

Yuval Levin is the editor of National Affairs. He is also the Hertog Fellow at the Ethics and Public Policy Center, a senior editor of The New Atlantis, and a contributing editor of National Review and , and, most recently, author of The Fractured Republic: Renewing America’s Social Contract in the Age of Individualism. Before joining EPPC, Mr. Levin served on the White House domestic policy staff (under President George W. Bush), as Executive Director of the President’s Council on Bioethics, and as a congressional staffer. He is a recipient of a 2013 Bradley Prize for intellectual achievement.

Speakers

Christopher Caldwell is a Senior Fellow at the Claremont Institute and Contributing Editor of the Institute’s flagship publication, the Claremont Review of Books. Caldwell joined Claremont after several years as senior editor for The Weekly Standard. Mr. Caldwell’s bylines appear regularly in The Financial Times, The Wall Street Journal, The New York Times, and . He is also the author of Reflections on the Revolution in Europe (2009), an acclaimed study of the impact of the mass immigration of Muslim immigrants to Europe in the 20th century.

James C. Capretta holds the Milton Friedman Chair at the American Enterprise Institute, where he studies healthcare, entitlement, and US budgetary policy, as well as global trends in aging, health, and retirement programs. Mr. Capretta spent more than 16 years in public service before joining AEI. As an associate director at the White House’s Office of Management and Budget from 2001 to 2004, he was responsible for all healthcare, Social Security, welfare, and labor and education issues. Earlier, he served as a senior health policy analyst at the US Senate Budget Committee and at the US House Committee on Ways and Means.

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Oren Cass is a senior fellow at the Manhattan Institute, where he focuses on energy, the environment, and antipoverty policy. He was domestic policy director of Mitt Romney’s presidential campaign in 2011–12. In that role, Cass shaped campaign policy and communication on issues from health care to energy to trade. Since then, Cass has outlined conservative policy approaches on poverty, climate change, environmental regulation, and international trade. Cass has briefed members of Congress and congressional staff in both the House and Senate and his essays and columns have been published in The Wall Street Journal, The New York Times, The Washington Post, National Affairs, and National Review.

Ross Douthat joined The New York Times as an Op-Ed columnist in April 2009. His column appears every Sunday. Previously, he was a senior editor at The Atlantic and a blogger for theatlantic.com. He is the author of Bad Religion: How We Became a Nation of Heretics (2012), Privilege: Harvard and the Education of the Ruling Class (2005), and a co-author, with Reihan Salam, of Grand New Party: How Republicans Can Win the Working Class and Save the American Dream (2008). He lives with his wife and daughters in Washington, DC.

Frederick M. Hess is a resident scholar and the director of Education Policy Studies at the American Enterprise Institute (AEI), where he works on K–12 and higher education issues. Since 2001, he has served as executive editor of Education Next. Before joining AEI, Dr. Hess was a high school social studies teacher. His work has also appeared in popular outlets including The Atlantic, National Affairs, National Review, The New York Times, USA Today, The Wall Street Journal, The Washington Post, and US News & World Report. His latest book is Letters to a Young Reformer.

Jonathan V. Last is executive editor of The Bulwark and previously digital editor of The Weekly Standard. He is the author of What to Expect When No One's Expecting, as well as editor of the trilogy The Seven Deadly Virtues and The Dadly Virtues, and The Christmas Virtues. He lives in Virginia with his wife and four children.

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Reihan Salam is president of the Manhattan Institute. From 2014 to 2019, Salam served as the executive editor of National Review. He is also a National Review Institute Policy Fellow, a contributing editor at The Atlantic and National Affairs, and, in 2017, was named a Young Global Leader of the World Economic Forum. Mr. Salam is the author of Melting Pot or Civil War? and the co-author, with Ross Douthat, of Grand New Party.

Scott Winship is Project Director at the U.S. Congress Joint Economic Committee. Previously, he was a Visiting Fellow at the Foundation for Research on Equal Opportunity, the Walter B. Wriston Fellow at the Manhattan Institute, and a fellow at the Brookings Institution. His areas of expertise include living standards and economic mobility, inequality, and insecurity. He writes a column for Forbes.com and his research has been published in City Journal, National Affairs, National Review, The Wilson Quarterly, and Breakthrough Journal, among others. He has also testified before Congress on the issues of poverty and inequality.

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