One imagines that in writing his book, Smith consider Volumes 4 and 5 to be the knockout blows. Sure, he’s alluded already to “spendthrift” governments, expounded upon the nature of money (especially metal currency), and anticipated a critique of capitalism
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This part of the work is packed with observations about the importance of frugality and prudence, ones which our present age would do well to remember. Volume 3 details the march of economic progress
Over the past four weeks, we’ve been doing a March Madness-style bracket in which we evaluate presidents head-to-head.
I’ve decided to apply it to former U.S. presidents in a series of posts, in the spirit of the annual March Madness basketball tournaments…
Comedian Groucho Marx had a pretty good bit called “The Five Minute University ”—essentially cutting higher education down to the bare bones: what people will typically