Todays Relevance of Adam Smiths Wealth of Nations
By Donald J. Boudreaux
The Scottish economist and moral philosophers landmark treatise, The Wealth of Nations (1776) is relevant today not only because it makes a still pertinent and compelling case for free trade, low taxes, and the invisible hand of the marketplace. It also resonates by calling out, with acumen and eloquence, the folly and presumption of any persons or group who believes themselves fit to direct the affairs of other people.
|Other Independent Review articles by Donald J. Boudreaux|
|Fall 2015||Thomas Pikettys Flawed Analyses of Public Debt and Executive Compensation|
|Winter 2014/15||Mass Flourishing:How Grassroots Innovation Created Jobs, Challenge and Change|
|Winter 2011/12||Bourgeois Dignity:Why Economics Cant Explain the Modern World|
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