In the economy chapter, apart from the often overlooked hard-ass (gold) and long-ass (700 years) of monetary stability, the author discusses some social aspects of economic life. The Byzantine elites, following on Ancient Rome’s disdain for commercial endeavors, typically opted to invest in t...
Living in a society where basic liberties are denied to others is going to cause problems for everyone, whether through regime instability or fraught social and economics relationships that are not based on genuine mutual advantage but coercion from discretionary powers. ...
Mark Carney is an in-person example. He is a multi-millionaire who has worked hard most of his life in finance. Even when acting as a public servant, he has benefitted enormously and unequally to his advantage from living in a commercial society. But now he can afford to worry about th...
turning laws and administration into means of economic plunder. However, liberty advocates now may be less happy with Polybius’ advocacy of a vision of the virtue of citizens, in which military self-sacrifice is at the centre and commercial spirit is dismissed...
France, and Australia are kept in good humor. What could change is the simplistic approach of Trump, where even links with allies are driven by short term economic gains. It is important to realize that US-India relations are driven by mutual interests, not just individual chemistry between le...