Michael Frazer, “The Power of Sympathy: Politics and Moral Sentimentalism” (Open Agenda, 2021)
Ideas Roadshow Podcast
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What Do You Think Adam Smith Would Say?
Adam smith was an opponent of the early versions of what we would now call the multi national corporation. He didn't think something like the east india company, with its drive towards a monopoly, should be part of a healthy free market. The economic status quo is all about a close government enmeshment with giant corporations that bears very little resemblance to markets he advocated.
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