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Ep. 662: Daniel Klein Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Origins of Liberalism

The word liberal was first used by Scottish writers in 1770 to describe their political outlook. Adam Smith picked up on it very significantly in the wealth of nations, 1776. Liberal primarily means sort of the Adam Smith view on public policy and the role of government. It does involve later stuff about democracy, republicanism, voting, and so on.

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