irvin steltzer has had a career that if i were to describe all of his achievement, it would take up all of his speaking time. irvin is the director of the hudson institute economic policy studies group. he's currently a columnist from the "sunday times of london." he has author and edited many books. he's been on the faculty of several university, including cornell and new york university, he's well known as the public intellectual and the free advances of enterprise and capitalism. and we're delighted and honored to have an old friend here to speak to us about conservative and the new capitalism. irvin steltzer. [applause] >> thank you. it's nice to be introduced. excuse me, can you hear me in the back? it's nice to be introduced by someone who's young enough to not be surprised to be listened to. i well you, i approach the assignment with trepidation for a couple of reasons. the distinguished scholar that is proceeded me, this is a very distinguished series were students of the still gush philosophies. that's not what i am. my theoretical tools have been bent out of shape in the real