Edited answer (Ray Katz)

This is out-of-context. It is from a “Response” I made on “M.” Yes, I edited it; so, Katz never saw this.

Yes, of course. And they [someone acting wrongly in economic life] are very bad. So my question here: WHERE was the more “social” kind of interest in an earlier period? Was there an earlier period? Or is it all the same? If there was an earlier period when the social element was stronger or better-constituted, WHY did that kind of “social” behavior disappear? As if we are smarter to get rid of the old ways. Is a social capitalist…

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Jack Silverman

Jack Silverman

I am the Jack that’s real. I had an original idea in international trade. This fits into: Ideas in Economics: ‘Social Economics’. Why? Read on!