The 20th century was without any doubt, the most successful in human history. Under any metrics: economic growth, poverty levels, life expectation, education, etc. The economic and scientific growth was unprecedented. And in despite of two world wars, the world was more peaceful and equalitarian than any time in history.

The reason is simple. It is the century where liberalism triumphed. I am talking about the consensus regarding the relevance of the political freedom presented by Thomas Jefferson and economic freedom and capitalism, as presented by Adam Smith. Their thoughts inspired great philosophers and thinkers during the next hundred years.

Alfonso Ochoa

Economist and nerd. Dad.

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