When President Ronald Reagan delivered this address in November 1982, I was a 24-year-old graduate student. Radically libertarian at that point for almost six years, I was sufficiently astute enough to know that Reagan wasn’t terrible on most of the issues that I cared about, but I was nevertheless insufficiently mature and astute enough to appreciate just how superb Reagan was for a man who achieved the office of U.S. President. Compared to any president since he left office in January 1989 – and certainly compared to the ignorant, capricious, and unprincipled current occupant of 1600 Pennsylvania Ave., NW – Ronald Reagan was an Adam Smith, a Bastiat, a Milton Friedman.
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