Adam Smith: Difference between revisions

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In [[http://www.bibliomania.com/2/1/65/112/frameset.html The Wealth of Nations]] Smith argues that a social order can be maintained by letting the natural forces operate freely. He believes that a central legislator cannot have the knowledge individuals have at their "local situations", and which is maximized in their pursuits to "better themselves".

Latest revision as of 17:44, 4 September 2008