Index Investing News
Sunday, June 7, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Taking Over the Economy – Econlib

by Index Investing News
October 25, 2022
in Economy
Reading Time: 2 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


Merriam-Webster online defines the verb “take over” as “to assume control or possession of or responsibility for [e.g.] military leaders took over the government.” So I was surprised to read in yesterday’s Wall Street Journal the following lead paragraph (“Rishi Sunak Wins Vote to Become U.K.’s Next Prime Minister After Liz Truss Resigns“):

Former Chancellor Rishi Sunak, who warned that Liz Truss’s economic plans for Britain were a “fairy tale,” won the contest to succeed her as prime minister on Monday, taking over the world’s sixth-biggest economy at a time of deep financial and political turbulence.

“Surprised” not because it would not make sense to think that, as the representative of the sovereign people in an unlimited democracy, the British prime minister is really taking over the economy. That may be how most people think, and they are not wrong as long as Mr. Sunak remains at the top of the state. I was surprised because usually nobody expresses this thought with the candor demonstrated by the two journalists or their editors.

I suspect they would tell me that they used the expression “take over” in a figurative sense. But some figurative speech might be revealing of the zeitgeist of our times. I had a fleeting though of Friedrich Hayek’s The Road to Serfdom, which was written in England, where the future Nobel economist still lived. I could have thought of Anthony de Jasay’s plantation state.

I asked two dear friends more familiar than I with the language of Shakespeare what they thought of the use of the verb “take over” there. One replied, with the other approving:

“Take over” makes it sound like he is driving the bus or taking over running a company from the top-down. It makes it sound like the British economy is property.



Source link

Tags: EconlibEconomy
ShareTweetShareShare
Previous Post

I was kicked out of my apartment for keeping secret from landlord – now I’m homeless

Next Post

Ash Carter, Obama-era defense secretary, dies at 68

Related Posts

At The Money: Grab Your Summer Rental Soon Now!

At The Money: Grab Your Summer Rental Soon Now!

by Index Investing News
June 4, 2026
0

     At The Money: Grab Your Summer Rental Soon!! (June 3, 2026) It’s not too late to get...

Sam’s Links: May Edition – Econlib

Sam’s Links: May Edition – Econlib

by Index Investing News
May 31, 2026
0

Sam Enright works on innovation policy at Progress Ireland, an independent policy think tank in Dublin, and runs a publication...

Transcript: Vimal Kapur, Chairman and CEO of Honeywell

Transcript: Vimal Kapur, Chairman and CEO of Honeywell

by Index Investing News
May 27, 2026
0

https://www.youtube.com/watch?v=sVqE7bsmtA0https://www.youtube.com/watch?v=sVqE7bsmtA0     The transcript from this week’s MiB: Vimal Kapur, Chairman and CEO of Honeywell, is below. You can...

Development by Consent – Econlib

Development by Consent – Econlib

by Index Investing News
May 23, 2026
0

March 2026 marked the 250th anniversary of the publication of An Inquiry into the Nature and Causes of the Wealth...

Transcript: Shelia Bair, former FDIC Chair

Transcript: Shelia Bair, former FDIC Chair

by Index Investing News
May 19, 2026
0

https://www.youtube.com/watch?v=Y-mjUH1lHg4https://www.youtube.com/watch?v=Y-mjUH1lHg4     The transcript from this week’s, MiB: Shelia Bair, former FDIC Chair, is below. You can stream and...

Next Post
Ash Carter, Obama-era defense secretary, dies at 68

Ash Carter, Obama-era defense secretary, dies at 68

Coke increases sales outlook after higher prices boost Q3 revenue

Coke increases sales outlook after higher prices boost Q3 revenue

RECOMMENDED

North Korea says its revised structure defines South Korea as ‘hostile state’ for first time

North Korea says its revised structure defines South Korea as ‘hostile state’ for first time

October 16, 2024
Growth in business activity slows as central banks battle inflation

Growth in business activity slows as central banks battle inflation

June 24, 2023
The Execs & Cons Of Dividend Inventory Investing

The Execs & Cons Of Dividend Inventory Investing

October 29, 2024
Germany’s Birkenstock aims to raise up to .58 billion in US IPO By Reuters

Germany’s Birkenstock aims to raise up to $1.58 billion in US IPO By Reuters

October 2, 2023
A information to Christmas-themed buying and selling playing cards: From Santa Claus to Clark Griswold

A information to Christmas-themed buying and selling playing cards: From Santa Claus to Clark Griswold

December 25, 2024
Joe Begos on How 16mm Saved Christmas Bloody Christmas

Joe Begos on How 16mm Saved Christmas Bloody Christmas

December 26, 2022
Nasdaq futures are barely decrease forward of Massive Tech earnings

Nasdaq futures are barely decrease forward of Massive Tech earnings

April 26, 2022
Putin has amassed 50,000 troopers together with North Korean troops in Kursk forward of counteroffensive in DAYS, say US – The Solar

Putin has amassed 50,000 troopers together with North Korean troops in Kursk forward of counteroffensive in DAYS, say US – The Solar

November 10, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In