What Suits Can Teach Us About Markets

In the book, Return to Order, there is a chapter on standardization and how it favors the advance of frenetic intemperance in economy. Standardized goods, we claim, lead to the standardized masses. It destroys the human element that gives warmth, … Continue reading

Dona Cesarina, an Enemy of TFP

“I don’t like the motto of your society,” quipped Dona Cesarina (see footnote), an acquaintance I had not seen in many years, as I met her by chance near the Conde Prates Building. Dona Cesarina is still a young grandmother … Continue reading