This is the third and final post in our blog series on the Battle of Economic Ideas. You can read the first post here, and the second post here. In the first post, we traced the emergence of a rational and modern society during the Age of Enlightenment (1650s-1780s). The subsequent era of the Classical Liberals (1750s to […]
This is the second post in our blog series on the Battle of Economic Ideas. You can read the first post here The underlying theme in the previous post was the emergence of a rational and modern society during the Age of Enlightenment (1650s-1780s). Thinkers like Rene Descartes and John Locke questioned feudal doctrines of the past, […]
The power of ideas cannot be undermined. While the people and the events linked to them may wither, ideas can live for eternity. It is perhaps for this reason that John Maynard Keynes had written, “…the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful […]