August 10, 2021

Great Power & ‘The Manpower Thing’

Review of One Billion Americans by Matthew Yglesias (Penguin, 2020). In 1776, the burning policy question of the hour was what to do about slaves. Would freeing them lead to economic growth, or hinder it? In The Wealth of Nations, Adam Smith took the affirmative, writing that “The liberal reward of labour, therefore, as it...