Economics

Utopia, Superstition and Keynes

Sir Thomas More’s Utopia was an “ideal state”, though for some a mandatory belief in God and the afterlife and a lack of tolerance for hanky-panky would be testing. Of course, More did not believe that an ideal state was achievable and neither do modern-day socialists cum left-leaning liberals. But the shimmering prospect of a much better world where economic disadvantage is largely absent still drives the agenda of those on the left of the political spectrum. When the possibility of freeing all from poverty and from “the slings and arrows of outrageous fortune” is a “light on the hill”,…

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