I consider myself a Catholic. I also consider myself an agnostic. And while you’re catching your breath from that seeming contradiction, I’m going to indulge in a little word-splitting, hopefully of the consciousness-expanding kind. The original Gnostic controversy propelled a great deal of the early unrest within the Church. On one side stood …
Category: baseline essays
Jan 01 1997
Overheads
Economists tend to partition the world’s goods into: Capital goods (made because they help to produce something else), Consumption goods (made because they’re desirable in and of themselves). This is an incomplete partition, and its failings have cost us dearly. There is a third category: overhead. Overhead goods aren’t made for productive …
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