Stephen Kinsella on Economics

Stephen Kinsella on Economics

Ideas matter. Memory matters. Without memory, the quality of our thinking deteriorates. We need to remember why the centre matters, how it has lifted living standards across every continent. Paschal Donohoe gave a speech last week arguing for a re-defined centre: socially engaged and based on action

The historian Yuval Harari argues that three big ideas motivated the 20th century. Fascism, which places authority and national identity over individual liberty; communism, in which property is owned by the community and each person contributes and receives proportionate to their abilities and needs; and liberalism, in which the individual takes primacy, where free trade and markets are the basis for continued prosperity.

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