This is the Cato Daily Podcast for Thursday, October 4, 2012.

I'm Caleb Brown.

While it's foolish to craft policies around unsound economic theory,

it's just as foolish and often dangerous when we follow the advice of

uneducated pundits who opine about foreign policy. Some still heed the advice of those who

led us into more than a decade of inconclusive war, and they

scorn those Americans who stood in opposition to those wars. But the war

skeptics were right, says Chris Preble, Vice President for Defense and Foreign Policy Studies at the Cato Institute.

I spoke with John Utley recently, one of the original folks behind the American Conservative magazine along with Pat Buchanan and he talked

a little bit about the founding of that magazine and said that opinions that were opposed to the

Iraq war were essentially frozen out of traditional conservative media outlets.

Now looking into John Atley's background he knows quite a bit more about dealing with communists, about dealing

with foreign nations, and that sort of thing.

Then most of the people who were passing judgment on the writings that he and others were trying

to get published.

Yes.

It's quite a remarkable story.

It's tragic in certain respects.

I think John does point out the way in which

the conservative movement has the very definition of the conservative movement has

been twisted and it is unfortunate because it has undermined the credibility of a lot of other conservative arguments.

So once upon a time when conservatives were trusted on foreign policy issues and liberals were seen as being rather naive or narrow-minded.

...