Wednesday, May 4, 2016

By Remembering the Lessons of Adam Smith

How Should Europe Respond to Islamism?, Hoover Institution Caravan, May 4, 2016, "In this era of mass and uncontrolled migrant flows, Adam Smith’s 1776 classic on The Wealth of Nations offers insight into the nature of the challenge posed by Islamism. Far from being a mere manual of economics, Smith’s work reveals how competition promotes progress across society and government, and how it created the modern state and the modern international state system."

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