Friday Interview: The Importance of Economic History

RALEIGH — The philosopher and critic George Santayana warned: “Those who cannot remember the past are condemned to repeat it.” As the nation and world have struggled with the flailing economy over the past couple of years, many people have looked to the past for guidance. Bruce Caldwell, research professor and director of the Center for the History of Political Economy at Duke University, recently discussed the importance of economic history in a presentation for the John Locke Foundation’s Shaftesbury Society. He also discussed the topic with Mitch Kokai for Carolina Journal Radio.