Economists and political elites fondly claim that economic growth is due to increased technological knowledge. That is only partly true.
Original Article: Does Technical Knowledge Always Lead to Economic Growth?
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Published on September 26, 2023
Economists and political elites fondly claim that economic growth is due to increased technological knowledge. That is only partly true.
Original Article: Does Technical Knowledge Always Lead to Economic Growth?
2023-08-02
The day after America celebrated its independence and its founding principles of self-governance and liberty, across the pond, Britain paid tribute to its values of collectivism and statism by commemorating the seventy-fifth anniversary of the National Health Service (NHS). Children’s choirs sang “Happy Birthday” at a thanksgiving church service celebrating the NHS at Westminster Abbey. In attendance were the prime minister and the opposition leader, among others. The notion that the NHS is the closest thing the United Kingdom has to a state religion has never been truer.
However, behind the pomp and pageantry, the NHS is a god that has failed. The reality is that the NHS should be one of the United Kingdom’s biggest shames, as it constantly lets down both patients and staff while placing
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