Any account of anything is bound to be selective. The human intellect does not have the capacity for comprehending the sum of things in a single panoramic view. Selection is unavoidable, but it also inevitably arbitrary; and, the greater the mass of information from which a selection has to be made, the more disputable will be the investigator’s choice.Arnold Toynbee in A Study of History.
Election Economic Misconceptions (5) Debt is Always Bad
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Listening to many politicians, I get the impression that they believe that
debt is the great evil of our time. However, debt is not always bad.
Borrowing...
1 day ago
