"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Review of The Invention of Enterprise
"The Invention of Enterprise: Entrepreneurship from Ancient Mesopotamia to Modern Times, David S. Landes, Joel Mokyr, and William J. Baumol, eds., Princeton University Press, 2010, is a dense anthology that provides an “orbital view” of the history of trade and commerce. The essays encompass several theoretic frameworks while following three themes: the creation of enterprises; the distinctions between creative and corrosive capitalism; and the societies that engender those different modes."
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