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Creative destruction is a miracle. It’s also a political problem.
theargumentmag.com · 2,475 words · saved by 1 readers
The Nobel Prize in Economics has a lesson for abundance liberals
Creative destruction is a miracle. It’s also a political problem. The Nobel Prize in Economics has a lesson for abundance liberals Jerusalem Demsas Oct 14, 2025 145 19 21 Share Farmer’s wife letting out a bull to frighten off agricultural workers attacking a farm, c1830. Machine wrecking was widespread at this time as workers were afraid that threshing machines and other developments would depress wages and destroy jobs. They were right. Chromolithograph 1880s. (Image by Photo 12/Universal Images Group via Getty Images) For those of you who were off for Indigenous Peoples’ Day/Columbus Day, we
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