Liberalism has been the main founcation of all Western societies for some 350 years — surely, its problems today can’t be so great as to be its death knell!
Tag Archives: Adam Smith
What Comes Next?
History is not a science — it doesn’t predict the future, or “repeat itself.” But studying history does develop critical thinking and other great skills. It shouldn’t be minimized!
Labor Productivity
People oversimplify the idea of productivity, and the basic concept is pretty simple (Productivity = Output/Input). But the modern world economy, due to technology, social forces, etc. makes the definition of “productivity” a bit more interesting …
Warp and Woof 