Today

A Republic

On November 14, 1918, Czechoslovakia became a republic.

Born on the same date 29 years later — American writer P. J. O’Rourke.

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Whereas the governments of some low-income countries are improving their economics policies, in the United States the proliferation of political movements that view economics with disdain, along with apparent general public support for government market interventions, are in considerable measure contributing to the decline in the performance of the U.S. economy.
Theodore W. Schultz, Investing in People: The Economics of Population Quality (1981), p. 143-4.

— Theodore W. Schultz