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Democratic Revolution With a Spin: Storming the Barricades With Adam Smith

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From: The Washington Post
Date: 19910904
Author:DAVID WARSH

People often have a pretty good idea about the sort of times in which they are living. Writing in the turbulent wake of the great democratic revolutions of the 18th century - the American and French - Edmund Burke noted that there had been nothing like it since the Protestant Reformation challenged the authority of the Catholic Church from one end of Europe to another.

He was correct, of course. But what kind of times are these?

Today, we seem to be witnessing a period of similarly great change, nearly universal, all tending to move in the same direction: a revolution, in other words. But ...

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