- Human Nature: People lack the intellectual capacity to design a perfect system which can account for all variables in a complex society. Theories which attempt to do so are therefore flawed which could risk political instability.
- Society: Pushing abstract ideas can disrupt social cohesion. Pragmatism prioritises policies that maintain stability.
- The State: Governments should introduce necessary change as opposed to radical or ideological reforms.
- The Economy: Economic policy should be flexible, responding to market conditions, rather than being rigid.