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Sometimes toasted, occasionally smeared in dripping or coated with that other splendid innovation 'Marg', 'the slice' was what food looked like for most British people for the last half of the century.
They, too, came to recognize that a sound system of social insurance enabled by government makes capitalism and its splendid innovations (the iPhone, the Cartoon Network, the Ultimate Fishing Tool, etc).
Never mind that much of Schumpeter's work actually celebrated the role of established firms in innovation.To put right the previous oversight, William Baumol, a veteran economist at Princeton University, has written a splendid new book, "The Free-Market Innovation Machine"*.
While it won't win any prizes for stylistic innovation, it is a splendid novel, original in the best sense -- establishing characters so fresh yet familiar that they might be helping themselves to what's in your refrigerator even as you read about them.
Have a splendid Easter weekend.
'A splendid edition.
Truly a splendid life.
This building, a splendid.
A splendid achievement.
"A Splendid Exchange" is a splendid book.
A splendid idea.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com