That is the title of a new book by Gareth Dale. If you are interested in economic history and the history of ideas you should check out the book. Or at least this review. The book is acclaimed as the first comprehensive book on the ideas and legacy of Karl Polanyi. If you have ever… Read More »
Delivered at Gresham College, London. The summary: Professor Niall Ferguson offers an evolutionary approach to financial history. He questions the impeding of ‘natural selection’ by keeping the financial dinosaurs alive through the life support of monetary injections: “without creative destruction, our economic system cannot be a healthy one.” The view that financial history could be… Read More »