You've got to love a man who loves his mother
So, as I mentioned in the comments below, I’m an economic and political ignoramus, and I’m essentially live-blogging my self-education. So, of course, Adam Smith’s classic The Wealth of Nations is on my reading list; I’m working through it now.
Now, I’ve been told that Smith isn’t quite the die-hard laissez faire 100% regulation free super-capitalist my mother warned me about. I’m advised that he’s quite a moral guy, and sees an important role for government regulation in the marketplace, but that those parts come later in the book. I’m happy to keep reading.
But there are a few major red flags popping up in the first few chapters, and I thought I’d mention them because they all have one thing in common: they put things ahead of people.
Unwarranted assumptions
Smith makes a number of assertions at the beginning of his work, (more…)
