The ‘Industrial Revolution’ long postdated Adam Smith, who died in 1790. ‘Capitalism’ was unknown while Smith was alive - the word itself was first used in 1833 in an obscure English newspaper and much later in Thackery’s novel, The Newcomes.
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Went to Harbor Freight the other day. When I left, there was so much traffic I had to fight my way out of the parking lot -- at one p.m. on ... -
I've been hearing the phrase "late capitalism" for so long that I'm forced to conclude that the very concept of late cap...
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I'm not a fan of "diagrams" in economics, but sometimes... This is a screen capture of slide 36 from a SlideShare presentatio... -
As I write this it is mid-October in an even-numbered year. Elections are weeks away. Yesterday, I saw Republican candidates heavily adver...
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JW Mason : "... in retrospect it is clear that we should have been talking about big new public spending programs to boost demand....
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