IN AN ELECTION YEAR, BEWARE THE pundit or politician tossing about the word "values." Remember to ask the key question, "Whose values?" In the case of Ben J. Wattenberg, whose new book, Values Matter Most (Free Press; 426 pages; $25), has already managed to grab a few headlines, that question is as tangled as ever.
Wattenberg, 62, a columnist and think tanker for the right-leaning American Enterprise Institute, makes much of his Democratic credentials: if he refers to his years as a speechwriter for Lyndon B. Johnson once, he does so a dozen times. He lays out his lifetime voting record,...
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