I don't have my sources handy, but this: >he wrote famous defenses of companies like East India importing Sounds wrong to me. There is some discussion of it

I don't have my sources handy, but this: >he wrote famous defenses of companies like East India importing Sounds wrong to me. There is some discussion of it here: http://adamsmithslostlegacy.blogspot.com/2011/01/claims-for-invisible-hand-fail-simple.html http://adamsmithslostlegacy.blogspot.com/2011/01/claims-for-... "Also chartered companies were well known as witnessed by Adam Smith’s negative assessment of chartered companies in general and the East India Company in particular, contained in the Wealth of Nations."