“How delicious that, as we approach the bicentenary of his birth, Karl Marx should have turned into the thing he loathed above all: the prophet of an irrational faith.”
Read MoreWhile teaching at Harvard economist Joseph Schumpeter organized an informal seminar with like minded thinkers called the Seven Wise Men. They published a piece attacking the New Deal of FDR: Recovery is sound only if it does come of itself.…
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