My and Karol’s dear friend Betsy Albaugh — founder and owner of Betsy Fisher, the wonderful womens’-clothing store near Dupont Circle — sent this site to me yesterday. In her e-mail, Betsy said "If only people had half a clue as to why this is happening…." Indeed. The market — humans’ "propensity to truck and barter," property rights, reason, a worldwide division of labor and trade — is why so many of us can sit in our living rooms, press a few buttons, and, by spending only a tiny fraction of our incomes, acquire marvelous goods from around the world.
Next post: Broder Unwittingly Helps to Expose the Beast
Previous post: Adam Smith on the China tragedy
