What we love about ol’ Friedrich here at the Moose is not so much the Road to Serfdom, but Friedrich’s explanation of how European conservatives were actually reactionaries, American conservatives were small-l liberals, and American Liberals were radicals.

We believe that too many American reactionaries call themselves “conservatives,” too many radicals call themselves “liberal” or “progressive,” and manage to squeeze the real conservatives, those of us who consider ourselves the heirs to Hamilton, Lincoln, and Theodore Roosevelt, right out of the picture.

Yes, Friedrich would recognize modern American politics, all right. It would look to him worryingly like Europe before World War I.