The Political Economy of Civilization
Newtonian physics postulates that every action has an equal and opposite reaction. Similarly, it is a conservative argument that every economic benefit must exact a cost somewhere else. They view everything in the world as a trade-off, or as the current slang goes: TANSTAAFL (‘there ain’t no such thing as a free lunch’).
KeywordsCivilized Society Political Economy Civic Virtue Internal Good External Incentive
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