Political News and Views - GOP Calls

In One Basket: What COVID-19 has revealed about our increasing dependency

Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition. Thomas Jefferson, Note on Virginia “Don’t put all of your eggs in one basket.” So the old wisdom tell us. But the wisdom of the modern economist tells us quite another thing. Adam Smith, the father of capitalism, in “The Wealth of Nations”, its midwife, argues strongly against this proverb. In…

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