Every day I get down on my knees and thank The One Who Is that I did not, back in 1982, and thereabouts sign up for the Republican team--as a liberal, technocratic Republican. I could easily have done it: Democrats back were as likely as not to be philosophically opposed to market-based mechanisms. Those of us of a neoliberal bent who back then thought that often market-based mechanisms were the best means of achieving social-democratic ends were not as unwelcome in the Democratic Party as it stood at the end of the 1970s as reality-based technocrats are in today's Republican Party. But it was clear in the early 1980s that the Democratic Party's activist base were not about to start slaughtering the fatted calf for us--let alone the ring, sandals, merriment, and best robe part. Besides, back then the Democratic Party's deformations back then seemed to be something that smart economists could help fix. The Republican Party's deformations back then, not so much.