I just read an article from 1990 by an economist named Lawrence W. Reed. Google him…he’s starting something interesting. (I don’t have an opinion yet…I just learned about it.)
Anyhow, you should read the article. It’s not too long. I find it incredibily eye-opening, and ironic b/c of where we are exactly today in our economy. And he wrote this in 1990.
Here is an exert:
It has been said that many civilizations have run their course by this pattern: From bondage to individualism to great courage to liberty to abundance, then from abundance to complacency to apathy to dependency and finally back to bondage again.
Please read and let me know what you think.