Source: Foundation for Economic Education
by Ryan Streeter
“Stagnation is everywhere in the news now. And with good reason. Slowing productivity, aging infrastructure, fiscal imbalances, less innovation — these and related trends make dynamism in the UK seem more like a thing of the past than the future. It is tempting to see stagnation and dynamism purely as matters of economic policy, but we do ourselves a disservice if we begin there. To truly understand what a dynamic economy requires, we would do well to recover that 18th-century sensibility and understand dynamism as a social and cultural phenomenon as much as an economic one. Putting it simply, if we want to live in a society where more people in more places are making and creating a greater number of good things, what kind of people and communities do we need?” (07/14/25)
https://fee.org/articles/its-not-easy-but-we-can-all-learn-to-think-like-adam-smith/