|
Economics as a science began to take shape in the late Middle Ages as theologians began to come to terms with laws operating within the material world to enhance human well being.
Economics as a science began to take shape in the late Middle Ages as theologians began to come to terms with laws operating within the material world to enhance human well being.
In this extended podcast with The History of the Papacy, I explain in some detail the ideas, people, and political drama associated with the gradual discovery of economics as a science.
“Trump’s plan is a disaster from the perspective of cost, incentives, and value neutrality.” ~Vanessa Brown Calder
“We should want to live in a society where we recognize one another’s right to say ‘no, thank you’ to an offer — that is to say, a world where people take orders instead of give them.” ~Art Carden
“To pretend that you can have all the riches of the modern world and eliminate the ability for anyone to become wealthy is a sure sign of someone who has no understanding of how all this wealth was generated in the first place.” ~James Hartley
“The institutional and social checks on majoritarian power are eliminated creating an opportunity for dictatorship, and lifetime rule and enrichment through graft.” ~G. Patrick Lynch