Pax Silica: Industrial or imperial policy? (1)

In his magisterial “The General Theory of Employment, Interest, and Money” (1936), the great economist John Maynard Keynes bemoaned the misplaced hubris of the so-called “practical man.” What he had in mind were the supremely self-confident business folks, who “believe themselves to be quite exempt from any intellectual influence, [but instead] are usually the slaves […]...

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