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John Locke and Adam Smith as misunderstood founding fathers
LETTERS
The history of Mexico is epic. There are the Maya and the Aztecs; the meeting of two continents, with Moctezuma and Cortés; a cry for independence led by a priest-turned-general; the loss of more than
Philipp Felsch The Philosopher Habermas and us Translated by Tony Crawford 208pp. Polity. £20. Jürgen Habermas Things Needed to Get Better Conversations with Stefan Müller-Doohm and Roman Yos Translat
“The old world is dying, and the new world struggles to be born: now is the time of monsters.” Antonio Gramsci’s words, written in prison near Bari almost 100 years ago, ring out to us now. The politi
Ray Madoff The Second EstateHow the tax code made an Americanaristocracy192pp. Chicago University Press. £19 (US$25). Vanessa S. Williamson The Price of Democracy The revolutionary power of taxation i
acton.org The “greatest prophets” of free-market capitalism “saw the trade-off from the beginning”, says Thomas Dias. Adam Smith’s famous pin factory showed the division of labour enables the producti