Peter K. Levy
Robert Heilbroner
"Even today—in blithe disregard of his actual philosophy—Smith is generally regarded as a conservative economist, whereas in fact, he was more avowedly hostile to the motives of businessmen than most New Deal economists."
— Robert Heilbroner (1919-2005) The Worldly Philosophers, chapter 3
Image: [Which has morphed into the invisible hand of the headless Wall Street monster] The Author of the Wealth of Nations (Adam Smith) by John Kay (1790)
This North Eastern Life: Quote of the Day for 2016-03-25
Robert Heilbroner
"Even today—in blithe disregard of his actual philosophy—Smith is generally regarded as a conservative economist, whereas in fact, he was more avowedly hostile to the motives of businessmen than most New Deal economists."
— Robert Heilbroner (1919-2005) The Worldly Philosophers, chapter 3
Image: [Which has morphed into the invisible hand of the headless Wall Street monster] The Author of the Wealth of Nations (Adam Smith) by John Kay (1790)
This North Eastern Life: Quote of the Day for 2016-03-25