Source: Free Association
by Sheldon Richman
“Could the varied opponents of market-liberalism — libertarianism in its purest form — suffer an allergy to what Adam Smith identified as a key feature of the ‘system of natural liberty?’ In The Wealth of Nations Smith famously observed, ‘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.’ Apparently, for people who dislike the market economy, producing even astounding benefits for others does not count if one does it at a profit. That is strange.” (08/30/24)
https://sheldonfreeassociation.blogspot.com/2024/08/tgif-doing-good-at-profit.html