Public Policy Sources #33:
The “Third Way” in Practice

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In rhetoric and aspiration it is certainly more than watered down conservatism, but is it in practice.56

The British journalist Anatole Kaletsky has written that, “It is in their detailed practical effects, not in their general philosophy, that the Third Way’s policies will have to be judged.”57 A survey of such “practical effect” occupies the remainder of this paper. Here, considerable, but not exclusive, emphasis is placed upon the so-called “Three Political Horsemen” of the Third Way— America’s Bill Clinton, Britain’s Tony Blair, and Germany’s Gerhard Schroeder.

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