Tag: free market
On Adam Smith: The advent of modern economics
Oligarchy has always has been the chief enemy of markets, enterprise, science, truly competitive capitalism and freedom. ~ Adam Smith Biography of Adam Smith Adam Smith (1723–1790) was a Scottish moral philosopher, innovator of political economy, and primary thinker of the Scottish Enlightenment. Smith is celebrated for two classic works: The Theory of Moral Sentiments […]
Barack ‘Adam Smith’ Obama?
“Statistics show not only that our levels of income inequality rank near countries like Jamaica and Argentina, but that it is harder today for a child born here in America to improve her station in life than it is for children in most of our wealthy allies, countries like Canada or Germany or France. They […]
Barack ‘Adam Smith’ Obama?
“Statistics show not only that our levels of income inequality rank near countries like Jamaica and Argentina, but that it is harder today for a child born here in America to improve her station in life than it is for children in most of our wealthy allies, countries like Canada or Germany or France. They […]
Uber and the triumph of capitalism
Stand by your principles and be comfortable with confrontation. So few people are, so when the people with the red tape come, it becomes a negotiation.~ CEO of Uber, Travis Kalanick Potentially, a government is the most dangerous threat to man’s rights: it holds a legal monopoly on the use of physical force against legally […]
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