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Article

Liberalism Caused the Great Enrichment

2023-02-08

Abstract excerpt

Any innovation—mechanical, biological, institutional, scientific, artistic, personal—begins of course as a new idea in a liberated human mind. The point is obvious. But it has not been prominent in economics. The agent in economic models does not have agency. He merely accedes to a budget line or to a law or to a custom or to a habit of thought facing his already known utility function. He does not create, that is...

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Identifiers and source

Literature Corpus work
45e328f3-af8f-580e-af3e-0f5a90998cd2
DOI
10.32388/vznu0t
Open publication

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