Once You Realize That Trickle-down Economics Does

It Takes Time And Experience To Absorb New Technologies, So Technologically Backward Producers Need A Period Of Protection From International Competition During This Period Of Learning. Such Protection Is Costly, Because The Country Is Giving Up The Chance To Import Better And Cheaper Products. However, It Is A Price That Has To Be Paid If It Wants To Develop Advanced Industries.

The Invention Of The Printing Press Was One Of The Most Important Events In Human History.

To Paraphrase Winston Churchill, Capitalism Is The Worst Economic System Except For All The Other Forms.

A Well-designed Welfare State Can Actually Encourage People To Take Chances With Their Jobs And Be More, Not Less, Open To Changes.

Democracy And Markets Are Both Fundamental Building Blocks For A Decent Society. But They Clash At A Fundamental Level. We Need To Balance Them.