labour
Economics is not politics
“The intrusion of politics into the field of economics is simply an evidence of human ignorance or arrogance, and is as fatuous as an attempt to control the rise and fall of tides. Since the beginning of political institutions, there have been attempts to fix wages, control prices, and create capital, all resulting in failure.” [...]
How Society Works: Plato's Contribution
How Society Works: Plato’s Contribution By J.G. Hulsmann 2.400 years ago Plato spoke about the importance of division of labour. So who’s the adam smith now?