Tag Archives: Wealth of Nations
Adam Smith and the Current Economic Crisis
Written by Neil Kurtzman | 30th March 2009The following two quotations from Smith’s Wealth of Nations (1776) speak to our current economic malaise with magisterial prescience. They could be summarized as (1) nobody hates capitalism more than capitalists and (2) think carefully before you make a law to benefit a private enterprise. Asking the legislature to think under any condition is probably…
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