This past December the Claremont Institute convened a forum at the Ronald Reagan Building in Washington to discuss the presidential election. The mood among the conservative stalwarts during the reception may have ranged from pensive to glum, but it brightened somewhat when Clare­mont’s panelists contemplated a return to true Republican principles as advanced by the last president to slash both taxes and the federal budget — Calvin Coolidge. James Ceaser, a political scientist at the University of Virginia and a regular contributor to The Weekly Standard, said it was important to revive the “moral stigma” of debt, and added, “I want to go back to Coolidge and even McKinley.” The Claremont fellow Charles Kesler, author of “I Am the Change,” a recent book denouncing President Obama and liberalism, agreed: “We’re in for a Coolidge revival.”

Author Amity Schlaes joins Rod at 6:05 to discuss her new book.

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