Egalitarian politicians tend to lower standards in order to make degrees available for everyone — thereby decreasing the value of those degrees. Governments might have different ideas about what education should achieve than parents.
The events after August 1914 made Angell and his theories a laughing stock. The era of liberal free trade had ended with the most deadly war ever. Modern industrialism made war even worse. So was Angell fundamentally wrong?
Nevertheless, there is substantial evidence that properly constructed federalism could boost essential elements of economic freedom and, therefore, contribute to positive economic development.
