$this->bbcode_second_pass_quote('IslandCrow', 'G')ood set of quotes.
I have not studied much of Adam Smith, but I recall that his teories do not fit well with the modern corporation...his ideas of competition fitted better with small scale family businesses. But we all tend to read just those quotes that we like (ie that support our theories) and ignore the rest!
PeakOil is You
The ignored Adam Smith
Re: The ignored Adam Smith
by Questionmark » Wed 26 Jan 2011, 06:46:33
Adam Smith developed his ideas using pre industrial revolution history and observations. It is for this reason that I personally consider him not only the first economist but the last as well. As the world goes through re-localization his ideas will once again become more relevant.
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