Jeb Bush's Audacity of Hope

Jeb Bush's nascent presidential candidacy is predicated on one bigger bet and one smaller one.

Hopeful. Audacious.

Photographer: Andy Jacobsohn/Getty Images

Jeb Bush's nascent presidential candidacy is predicated on one big bet and one small one. The big bet is that the Great Republican Anti-Government Tantrum is over, and that American conservatism is prepared to revert to a more moderate mission as a force for nimble government, efficient markets, powerful military and acceptance of a minimal social safety net as a necessary hedge against untrammeled capitalism.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.