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When Rick Graber called to tell me that I had been awarded the Bradley Prize, I was lost for words. As my mother will tell you, usually in exasperated tones, that doesnโt often happen to me. But one reason for my shock was my knowledge of previous Bradley Prize recipients. Consider some of those people:…
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To an extent unrivalled by any other country, America has been defined by its economy and economic success. When Alexis de Tocqueville visited the young republic for ten months in 1831 and 1832, he immediately noticed the extraordinary degree to which Americans were preoccupied by their economic circumstances. A โspirit of enterprise,โ he commented, dominated…
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In June 1946, Switzerlandโs newspaper of record Neue Zรผrcher Zeitung published a long two-part article entitled โThe Centenary of British Free Trade.โ Its author, the German market-liberal economist Wilhelm Rรถpke, pointed out that Britainโs decision to cast off tariffs unilaterally in 1846 had been a kind of miracle. Against enormous domestic opposition, Britainโs prime minister…