Tag Archives: books
Apr 13, 2019Posted by on
This week on Facebook: I add this as part of my 2019 April posts on political and economic themes, in which there are two reprises that are not quite the same as the originals. However, in this post, both the article on Friday and Ian Buckley’s essay Learning from Adam Smith quote the following caution from economic historian John Kenneth Galbraith.
Corporate executives and their spokesmen who cite Smith today as the source of all sanction and truth without the inconvenience of having read him would be astonished and depressed to know he would not have allowed their companies to exist.
Sep 12, 2015Posted by on
The rooted hope of the modern world is that all these dim democracies do still believe in that romance of life, that variation of man, woman and child upon which all poetry has hitherto been built. The danger of the modern world is that these dim democracies are so very dim, and that they are especially dim where they are right. The danger is that the world may fall under a new oligarchy — the oligarchy of prigs. Read more of this post