Sublime

The first words which I read, began with the offer of a reward of three hundred guineas for the apprehension of a convict under sentence of death, who had escaped from Newgate prison in Dublin.

Socrates—who, like Adam Smith, argued that people are generally good even without enforcement.

dearth,

But, for Rawls, the most important comparison was between “justice as fairness”—the name he used to refer collectively to his own principles—and the utilitarianism that dominated political philosophy at the time.

If you believe in deflation, U.S. Treasuries offer great value. Unsurprisingly, the biggest proponents of deflation are David Rosenberg and Lacy Hunt. Both work at firms that manage a lot of money in bond funds.

This alternating rhythm of price-revolutions and price-equilibria was discovered as early as the eighteenth century.