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When the hand on the economic rudder trembles 31 January 2021 - 00:00 By Makhudu Sefara In The Theory of Moral Sentiments, philosopher and economist Adam Smith coins a phrase, "the invisible hand", to describe the unintended, but welcome, economic benefits that accrue to society from an individual's pursuit of self-interest. When an entrepreneur sets up a firm and pursues maximisation of profits, as all business people do, society derives some benefit, even if this is unknown to or misunderstood by the entrepreneur... This article is reserved for Sunday Times subscribers. A subscript...

"It took a MAGA-draped mob storming the U.S. Capitol and five deaths for a handful of Republicans in Congress finally to have the courage to stand up to Donald Trump."

© The Strategic Culture Foundation Friedrich von Hayek, Adam Smith, Lion of Britain In Book 8 of The Republic, Plato's protagonist Socrates observes astutely that "the ruin of oligarchy is the ruin of democracy. The same disease magnified and intensified by liberty overmasters democracy- the truth being that the excessive increase of anything often causes a reaction in the opposite direction and this is the case not only in the seasons and in vegetable and animal life, but above all in forms of government". Plato continues saying: "the excess of liberty, whether in states or individual...

Emphasis on feasting and gifts can overshadow the fundamental religious origins and dimensions of Christmas. However, ignoring the religious aspect is not the reality for many millions of Americans and others around the world, not all Christians.

evil foretold in the New Testament  book of Revelation will occur after  the end of the world as we know it; a literal interpretation of prophecies  of the end of days   The Fundamentals: a set of essays by multiple authors, published from 1910 to 1915, advocating traditionalist Protestant views such as premillennialism and biblical inerrancy); origin of the term “fundamentalist” to refer to someone subscribing to these views   Second, many of these attitudes, especially among evangelicals, reflect the strong historical tradition of Protestant voluntarism. Even before the American Re...