It is difficult to carve out any part of the piece because it is a discussion of a post by Russ Roberts, but let’s try this: Whenever you hear the term ‘Darwinian’ from anyone other than historians of science, assume the crash position; it’s going to get real ugly. There’s a lot here to correct… Read More »
No less a thinker than Adam Smith suggested that the division of labor in society was dependent upon the existence of markets, or, as he puts it, upon man’s “propensity to barter, truck and exchange one thing for another.” This phrase was later to yield the concept of the Economic Man. In retrospect it can… Read More »
1. The story of VW and Porsche, told by The Economist 2. The invisible hand is broken Or ‘Adam Smith might say the current crisis is proof the market works’ 3. Cotton producers press rich nations on cotton subsidies 4. Why did the price of meat drastically drop drastically yesterday at the Douala IV council, Bonaberi? Check it out here. 5. Love in… Read More »