The Answer Isn’t Blowin’ in the Wind

It has long been a contention of mine that the most important reason that governments shouldn’t make economic decisions, such as favoring one form of technology over another or bailing out a failing company, is that politicians—who are first, last, and always in the re-election business–can’t make decisions for economic reasons. They can only make decisions for political reasons.

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The Answer Isn’t Blowin’ in the Wind

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In Memoriam: Michael Novak, 1933-2017

Celebrating the memory and work of an intellectual giant.

On Friday, the scholar and author Michael Novak passed away at the age of 83. COMMENTARY had the privilege of publishing his work on a number of occasions. His insights over the decades represent a vital contribution to America’s intellectual heritage. Novak’s 1989 essay on the competing ideologies of the 20th Century represents a work of considered thought that spans the generations. We commend it to your attention:

Related to enterprise is the more general virtue of creativity. For personal economic enterprise is not socially sustainable unless would-be entrepreneurs are supported by a social intelligence covering many areas—law, banking and finance, governmental administration, the arts, journalism, education, scientific and industrial research, and even religion and philosophy.

Novak, an American Enterprise Institute scholar, is remembered by AEI President Arthur Brooks. We extend our condolences to the Novak family and mourn their, and our, great loss.

The American Enterprise Institute mourns the loss of our colleague, Michael Novak, who passed away this morning at the age of 83. Michael was an AEI scholar for three decades until his retirement in 2010, and remained a close friend of the Institute.