Adam Smith
- everyone can be seen as an entrepreneur exchanging either goods, labor or expertise for something of equal value,
- the catharsis of such an exchange consists in nothing other than self-interest, and it is self-interests that motivates economic growth,
- did not like speculative markets ("overtrading") and blamed them for being one of the main principle for economic crises
fuss/philosophy/thinkers/adam_smith.txt ยท Last modified: 2022/04/19 08:28 by 127.0.0.1
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