WOULD ADAM SMITH WEAR A COVID-19 MASK?

Absolutely. Adam Smith would wear a mask to protect others. He would respect and hold others’ needs on par with his own. He would expect them to do likewise. Smith did not endorse the pursuit of unbridled self-interest. Instead, he embraced self-interest, rightly understood. He was a moral philosopher; an ethicist. Smithian capitalism works when […]

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(More on) GOVERNMENT’S ROLE

No longer can contemporary capitalism operate on autopilot as in Adam Smith’s time. Now, extra-market-oriented choices by citizens are becoming essential to circumscribing the market with public priorities for health and welfare, education, environmental stewardship and much more. The “new” capitalism ahead will steer around the false dichotomy of only two choices: laissez-faire or Marxism. […]

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Blog 3: Don’t Litter or We’ll Send You to Utah!

What’s the link between Utah and capitalismincrisis.org?  I’ll explain. Consider a sign posted on the Boston Common, put there to dissuade messy picnickers five decades ago.  Don’t Litter or We’ll Send You to Utah, it threatened humorously.  It’s an illustration of why for some, Utah was and perhaps still is, a four-letter word. (Some consider […]

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Weekly Tip 13: Do we say We Know When We Don’t Know? November 30, 2018

I’m no fan of deceased opinion writer Charles Krauthammer.  Imagine my surprise then, at a Washington Post column written by his son.  According to Danial, the father was enlightened on a crucial point. Charles Krauthammer championed “real” and distinguished it from what it is not.  He drew a bright line between the known and the […]

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Weekly Tip 12: Gulliver Bound by Tribalism November 23, 2018

America is stuck.  We’re tied down by partisan ideology. Our situation is not unlike Gulliver.  We’ve become like the giant, fallen asleep and then awakened by mini-people dancing on our collective selves, making outrageous demands. The strings controlling Gulliver are not unlike the strings of tribal partisanship.  While the pragmatic majority slumbers, America’s forward path […]

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Weekly Tip 06: Liberals – Message to the Left, Then Compromise Toward the Center, October 14, 2018

Opinion columnist Thomas Friedman laments a recent comment from a friend.  What’s going on in America today, observes the retired Marine colonel, is far more grave than any external threat, including the Soviet Union.  And this, says the friend, is because the threat we face is here and now, right at home, and coming from […]

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Module 27 : Who Caused the Great Recession?

This episode begins with Adam Smith placing a call to fellow zombie economist Jeremy Bentham…now residing in Truthiness City.  Bentham…wary of liberals…had accepted part-time work at the university there…creating 18th Century rebuttals to liberal dogmas about what’s happenin’ now.  But…with demand waning for his own dogma…Bentham more recently downsized to a mundane job…complete with billboard […]

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Module 19 : Assessing Trump’s Presidency

When last we followed our pugnacious-leaning zombie trio through the Great Salty City, Adam, Jeremy and Joan were touring the mind-expanding library designed by internationally acclaimed architect Moshe Safdie.  His is a unique building with two personas, as it were.  One side is logical and orderly…even as it projects cultural authoritarianism.  The other, curvilinear, creative…and […]

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