It’s too easily forgotten that human beings are the most crucial capital of all. Which means how they deploy their talents is of utmost importance.
This is something to keep in mind as scholars like Nicholas Eberstadt wonder about “the bizarre imbalance between the demand for work and the supply of it.” His analysis was disappointing. It’s as though he witnessed the cruelty of the lockdowns related to the coronavirus without catching on to what the suffocation of freedom meant for human capital.
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