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One way of gauging the current diversity of cultures is to consider the range of responses countries made to the COVID-19 pandemic.120 There was, of course, some diversity, from the ultrastrict lockdowns in China to the more moderate response in Sweden. But the range of responses was far more limited than it could…
Such findings have led some political scientists to entertain a heretical idea called the Capitalist Peace.243 The word liberal in Liberal Peace refers both to the political openness of democracy and to the economic openness of capitalism, and according to the Capitalist Peace heresy, it’s the economic openness that…
Personally, I find that the most objectionable feature of the conservative attitude is its propensity to reject well-substantiated new knowledge because it dislikes some of the consequences which seem to follow from it – or, to put it bluntly, its obscurantism. I will not deny that scientists as much as others are…
Finding the right balance between cooperation and competition has been the goal and bane of Western politics for centuries. Adam Smith recognized that the economic needs of the individual are better met by unleashing the ambitions of all individuals than by planning to meet those needs in advance. But even Adam Smith…
Corporations, whose leaders portray themselves as champions of the free market, were in fact created to circumvent that market. They were an answer to the challenge of organizing thousands of people in different places and with different skills to perform large and complex tasks, like building automobiles or providing…