Quote of the Day
"It is not from the benevolence of the butcher, the brewer or the baker that we expect our dinner, but from their regard to their own interest. We address ourselves not to their humanity but to their self-love, and never talk to them of our necessities but of their advantages. Nobody but a beggar chooses to depend chiefly upon the benevolence of their fellow-citizens."
- Adam Smith, from The Wealth of Nations. An analogy to describe how the 'invisible hand' works, explaining, in some ways, why Laissez-faire policies work.
- Adam Smith, from The Wealth of Nations. An analogy to describe how the 'invisible hand' works, explaining, in some ways, why Laissez-faire policies work.
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