tag:blogger.com,1999:blog-5404820640426099135.post6119634557946052314..comments2023-10-31T00:46:35.316+13:00Comments on Anti-Dismal: Foundations of a free societyPaul Walkerhttp://www.blogger.com/profile/13731003529546075700noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5404820640426099135.post-49497271193613026802013-11-25T09:20:31.721+13:002013-11-25T09:20:31.721+13:00Shame he mis-quotes Smith. AS never mentioned an i...Shame he mis-quotes Smith. AS never mentioned an invisible hand in reference to markets, in fact he only mentioned it once in Wealth of Nations. Also, AS notion of self-interest was appealing to others self-interest to gain what you wanted, ie mutual trade, nothing selfish about it.<br />Im not aware of any evidence that markets automatically lead to good outcomes for society, I do think they are the best allocative mechanism though (in most cases).Owennoreply@blogger.com