This is a must read from First Things:
In Reformed and Always Reforming: The Post-Conservative Approach to Evangelical Theology, Olson suggests that this brand of evangelical theology is fundamentalist in spirit because it chases heretics out of its “small tent.” He calls his “post-conservative” brand of evangelical theology the “big tent” version.
Olson divides the conservatives—which we would call Traditionists—into two camps, “Biblicists” (a derogatory term suggesting simple-mindedness) and “Paleo-orthodox” (another derogatory term, implying a refusal to face modern realities). The Biblicists, who include Carl Henry, Kenneth Kantzer, J. I. Packer, Wayne Grudem, Norman Geisler, and D. A. Carson, see revelation as primarily propositional and doctrines as facts. But most importantly, Olson claims, they regard doctrine as the “essence” of Christian faith.
The Paleo-orthodox include Baptist D. H. Williams, the Reformed author-pastor John Armstrong, Anglicans such as the late Robert Webber and Christianity Today’s editor David Neff, and the Methodists William Abraham and Thomas Oden. For them, the ancient ecumenical consensus is the governing authority that serves as an interpretive lens through which Christians are to interpret Scripture. The critical and constructive task of theology is conducted in light of what the ecumenical Church has already decided about crucial doctrinal matters.
Olson’s division of conservatives into these two camps is partly right and partly wrong. It is true that when interpreting Scripture some conservatives look to the last few centuries of evangelical reflection for authority, and others look to the Fathers. But the post-conservative suggestion that both the so-called Biblicists and Paleo-orthodox are foundationalist is dubious. Few among the Biblicists just named—and none of the Paleo-orthodox—would affirm the possibility of intellectual certainty based on self-evident truths or sensory experience. Neither group would say doctrine alone is the essence of faith, but all would insist that experience should never be privileged over doctrine.