A Cravat for Conservatives

The proverbial old-school tie is being put to ideological use in Washington these days. The most popular neckpiece around the Reagan White House is one bearing tiny cameo profiles of Adam Smith, the 18th century Scot whose An Inquiry into the Nature and Causes of the Wealth of Nations limned the classic argument for getting government off the back of business.

Among wearers: Edwin Meese, Counsellor to the President; Murray Weidenbaum, chairman of the Council of Economic Advisers; Caspar Weinberger, Secretary of Defense; and Martin Anderson, assistant to the President for policy...

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