Monday, January 25, 2010

A Rose by any other Name?

Some interesting musings on the origins of the word "capitalism." My favorite:
It's also true that capitalism is a truly social system, a system that unites the world in cooperation, peace and trade. Thus, if all were tabula rasa socialism might be a good name for capitalism.

That's Alex Tabarrok, who leans right-of-center by the usual econ metric.

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