0 sats \ 1 reply \ @shado_op 15 Nov 2023 \ on: (Nearly) Forgotten Books: The Wealth Of Nations By Adam Smith bitcoin
Thank you for posting this.
Lots of public references to this book in education / media mis-represent Smith's view of how markets work, esp in reference to cartels and competition.
I spent years mis-misunderstanding this work before I finally read it myself!
Nice one!
What's left is a complete superficial interpretation of this great work and a reductiln to: the man who ''invented'' the theory of the ''invisible hand''.
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