This huge volume could well be subtitled "Position Papers for a Conservative President." The essays on domestic affairs decry the bumbling of the federal government and call for the reduction and elimination of many long-established programs in favor of reliance on private enterprise and the price system. The essays on defense and foreign policy call for a new recognition of the menace of the U.S.S.R., greater defense spending, more and better nuclear weapons, and a rebirth of the CIA, inter alia. There are 32 contributors, including Milton Friedman, Alan Greenspan, Fred Charles Iklé, Ray S. Cline and Edward Teller.