Here's the text of a fine piece by Professor Frank Palmeri in English, published in Friday's Miami Hurricane. The piece by Simon Evnine, posted below, will now be appearing in next Tuesday's edition.
And don't forget the rally this Tuesday!
In 1715, a Dutchman who had emigrated to England, Bernard Mandeville, wrote his Fable of the Bees, a poem with some short essays, in which he made several arguments about markets, labor, and virtue that have reverberated through the last three centuries, and have contributed largely to the official ideology of the U.S., especially in recent years since the administration of Ronald Reagan. Mandeville pointed out that markets are a great way of producing wealth and power, but they also depend on vices such as greed, theft, vanity, and deception – the passions. He argued that the robber who spends his money on women, clothes, and drink contributes more to the circulation of money and thus the prosperity of the society than the pious miser who hides his fortune in his mattress. (continued in the first comment, below; you can also read it directly in the hurricane)