Robert Barro Quote

Adam Smith is, of course, justly lauded for his advocacy of free markets and limited government. Particularly famous is his idea that each person's pursuit of self-interest leads, as if by an invisible hand, to socially efficient outcomes.

Nothing Is Sacred (2002) - Ch. 1 : Thoughts on Friends and Other Noteworthy Persons

Adam Smith is, of course, justly lauded for his advocacy of free markets and limited government. Particularly famous is his idea that each person's...

Adam Smith is, of course, justly lauded for his advocacy of free markets and limited government. Particularly famous is his idea that each person's...

Adam Smith is, of course, justly lauded for his advocacy of free markets and limited government. Particularly famous is his idea that each person's...

Adam Smith is, of course, justly lauded for his advocacy of free markets and limited government. Particularly famous is his idea that each person's...