Conservatives Are Wrong on Economics

By Marina Rocha – Mises Wire

According to their website, the Conservative Political Action Conference is a grassroots organization founded in 1964 that seeks to defend conservative principles. The first conference was in 1974, with the group originating from Ronald Reagan’s campaign. Today, the brand has been exported to other countries, with conferences in places such as Brazil and Hungary.

In addition to the conference’s worldwide expansion, another change has happened in the conservative movement. An ideological shift has occurred in recent years, with the old advocacy of a somewhat limited government domestically and an interventionist foreign policy abroad being increasingly called into question. In one way or another, the ghost of Ronald Reagan—or at least of what he represents—seems to have been buried by part of the new Right.