RE: No Surprise Here
July 3, 2014 at 1:15 pm
(This post was last modified: July 3, 2014 at 1:20 pm by Jaysyn.)
(July 3, 2014 at 12:45 pm)blackout94 Wrote: Adam Smith's invisible hand was dead wrong.
Actually, Smith understood the need for a "level playing field" in economics, it's his supposed followers that conveniently forget about that part.
They pick & choose.
Kinda mirrors Jesus' teachings & the vast majority of his current set of followers in the USA.
Adam Smith Wrote:"When the regulation, therefore, is in support of the workman, it is always just and equitable; but it is sometimes otherwise when in favour of the masters.
Adam Smith Wrote:"No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. It is but equity, besides, that they who feed, clothe and lodge the whole body of the people, should have such a share of the produce of their own labour as to be themselves tolerably well fed, clothed and lodged."
"How is it that a lame man does not annoy us while a lame mind does? Because a lame man recognizes that we are walking straight, while a lame mind says that it is we who are limping." - Pascal