Here’s a print version [pdf] of my post on “’Third Way’ politics and its fruits” from earlier this year. Thanks to Chris Vaughan for his graphics work.
The opening: “In 1998, President Bill Clinton announced: ‘We have moved past the sterile debate between those who say Government is the problem and those who say Government is the solution. My fellow Americans, we have found a Third Way.’ …”
I’ve thought of a way to teach school children the politics of intervention and regulation. “Johnny, you tell Billy what to do, and if he doesn’t do it you hurt him.”
The difference between law and regulation as I see it is that the former is oversight while the latter attempts to manage, like a referee trying to be a player, and with a gun to boot.