Lockdown doesn’t cripple “the economy.” It cripples people who are trying to live. Strictly speaking, there’s no economy. There are people interacting in particular ways regularly.
Adam Smith and Equality of Force
It was 250 years ago that Adam Smith published The Wealth of Nations. In it, he looked back on the contact that various distant peoples had had with Europeans, following the discoveries of Christopher Colombus and Vasco de Gama. The results, by Smith’s time in 1776,...
