ABSTRACT
Historical lessons are often drawn in terms of analogies. It is common when a politician seems to be appeasing another world leader to draw a comparison with Chamberlain in Munich agreeing to let Nazi Germany encroach on Czech 1039 territory. Those of us fortunate enough to live in countries at peace and with legal systems that enforce contracts and protect property should appreciate how lucky we are. We can live our lives without having to worry constantly about someone stealing our stuff or attacking our city. There are still injustices, both within such countries and beyond. Good institutions are easiest to achieve when they serve those in power: A parliament of merchants and landowners could see advantages in protecting property and enforcing contracts. One other historical lesson is often ignored: It is easier to do evil than good in the world.
