NYT Magazine on Obama

A very nice piece in next week's NYT magazine (hattip to tyler) on Obama's economic way of thinking. I really liked the label that Cass Sunstein gave him.

Sunstein, now on the faculty at Harvard, has a name for this approach: “I like to think of him as a ‘University of Chicago’ Democrat.”

It’s a useful label. Today’s Democratic consensus has moved the party to the left, and on issues like inequality and climate change, Obama appears willing to be even more aggressive than many fellow Democrats. From this standpoint, he’s a true liberal. Yet he also says he believes that there are significant parts of Reaganism worth preserving. So his policies often involve setting up a government program to address a market failure but then trying to harness the power of the market within that program. This, at times, makes him look like a conservative Democrat.

Those two paragraphs are, in a nutshell, exactly how I describe myself. I've never voted Democrat, but could if it were a University of Chicago Democrat.