Friday, March 25, 2016

Quote of the Day for 2016-03-25

"Even today—in blithe disregard of his actual philosophy—Smith is generally regarded as a conservative economist, whereas in fact, he was more avowedly hostile to the motives of businessmen than most New Deal economists."

Robert Heilbroner (1919-2005) The Worldly Philosophers, chapter 3

The Author of the Wealth of Nations (Adam Smith) by John Kay (1790)

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