Posts in Economics
Words Worth Noting - September 24, 2026

“That the rich had a duty to give to the poor was, of course, a principle as old as Christianity itself. What no one had thought to argue before, though, was a matching principle: that the poor had an entitlement to the necessities of life. It was – in a formulation increasingly deployed by canon lawyers – a human ‘right’. Law, in the Latin West, had become an essential tool of its ongoing revolution.”

Tom Holland Dominion: How the Christian Revolution Remade the World [re Gratian and the Decretum and the resulting intellectual and procedural revolution]

Words Worth Noting - August 27, 2026

“One of two Victoria crosses awarded during the battle of Kohima went to Lance Corporal John Harmon of the Royal West Kents for his brave exploits. Sniper Harman – who spent much of his boyhood on the remote Lundy Island in the Bristol Channel owned by his millionaire father Martin – sprang into action when he spotted a Japanese light machine gun team taking over a nearby trench. Without hesitation he sprinted some 35 yards towards the trench, flung a grenade which killed the two Japanese inside and returned to his line bearing a captured gun. Two days later on 9 April in cold, wet weather he repeated this astonishing performance, only this time there were five men in the trench armed with automatic weapons and he himself used a fixed bayonet rather than a grenade. ‘When all the enemies were dead he walked back to his lines ignoring his comrades’ pleas to run for cover. He was killed by a burst of fire and died, saying “I've got to go. It was worth it – I got the lot.”’ His actions kept the hill in British hands for the time being at least.”

Karen Farrington Victory in the Pacific: Pearl Harbor to the Fall of Okinawa [she does not footnote this or any quotation].