Civics: notes on Capitalism
Jerry Z. Muller, author of the classic The Mind and the Market: Capitalism in Western Thought, is my favorite intellectual historian. Evidently I am not alone as the Journal of Applied Corporate Finance has brought together Five Essays by Muller, these are:
- The Neglected Moral Benefits of the Market
- Capitalism and Inequality
- Capitalism and Nationalism
- The Threat of Democracy to Capitalism
- Capitalism and the Jews Revisited
All are excellent and to the point. Here is one bit from The Neglected Benefits of the Market (no indent);
Adam Smith famously wrote that
