And herein lines another reason why the classics matter. They were the smartest people of their day. If they were wrong or confused, isn't it also likely that the best minds our our day might also be mistaken and inadequate? The idea that we are clever and our forebears stupid is surely just arrogant gibberish. The mere passage of time does not ensure that progress happens.Stumbling and Mumbling
Why Study Classical Economic Thought?
Chris Dillow | Investors Chronicle (UK)
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