Quote of the week

"The miracles of the past three and a half centuries – the unprecedented improvements in democracy, in longevity, in freedom, in literacy, in calorie intake, in infant survival rates, in height, in equality of opportunity – came about largely because of the individualist market system developed in the Anglosphere. All these miracles followed from the recognition of people as free individuals, equal before the law, and able to make agreements one with another for mutual benefit."

– Daniel Hannan
How We Invented Freedom & Why It Matters

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A lie can be half way around the world before the truth has got its boots on

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Why financial regulation fails