25 Years Ago in Reason

June 1981

"There is no 'Reagan New Deal,' and nothing either historic or revolutionary is going on. The fact that a small handful of libertarians or quasi-libertarians have gotten middle-level jobs in the administration means nothing except that a different cast of characters is fattening at the public trough and that their post-Washington careers will receive a substantial financial boost."

—Murray Rothbard, "The Reagan Fraud"

"The breakdown of the old institutions obliged individuals either to reclaim their destinies by personally embracing all the problems that define our humanity or to allow themselves to be swept into the abyss with the old institutions.…In the '80s, the bedrock institutions continue their slide and are for the most part discredited. Excitement and innovation in our culture comes from what used to be relegated to the fringes: small businesses, libertarianism, self-help, and all the alternatives in medicine, energy, the arts, education, and architecture…"

—Jack Shafer, "Tool for Living"