by Dr. Jerome, TF Metals Report:
One of the more controversial figures of Ancient Athens was a man named Protagoras. A contemporary of Socrates, he taught aspiring young men the arts of argumentation and oratory so that they could advance in Athenian politics. We discussed last week how he and his colleagues would teach their student to win debates with the weaker case through sophistic arts, but there was more to Protagoras than just a teacher of rhetoric. He was a first class philosopher who insightfully perceived and articulated the foundation of a school of thought that would eventually underpin Keynsian economics and the practice of money debasement. Understanding that thought can do much to give us perspective today on economic debate. Indeed, every significant debate in history has been a clash of worldviews inspired by this fragment from Protagoras’ teaching
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