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Adam Smith was also an advocate of free markets as the term is defined today. Wealth of Nations is replete with moral objections to suppressing the right to fre
by ETH_start 3y ago
Adam Smith was also an advocate of free markets as the term is defined today. Wealth of Nations is replete with moral objections to suppressing the right to freely contract—even to prevent combinations he found dangerous, like industy interests congregating—and praise for less interventionist government policies like low taxes, etc.