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Archive of posts published in the tag: Wealth of Nations

The Human Chessboard

Adam Smith’s Wealth of Nations with its often misunderstood ‘invisible hand’ was preceded by The Theory of Moral Sentiments, a work many consider more important and should be considered an integral part of Wealth of Nations. This Quotation of the

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Folly and Presumption

The statesman who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted to no council

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