The Great Reversal argues that the EU learned the lessons of 20th-century market successes better than the US did.
At best, scholars often view Spencer as a magnificent dinosaur, at worst a grumpy phantom of Christmas past—this is a mistake.
Alberto Mingardi is Director General of the Italian free-market think tank, Istituto Bruno Leoni. He is also associate professor of the history of political thought at IULM University in Milan and a Presidential Scholar in Political Theory at Chapman University. He is also an adjunct fellow at the Cato Institute. He blogs at EconLog.