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Nick Phillipson on Adam Smith on What Human Beings Are Like

Philosophy Bites

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What to Takeaway From Adam Smith's Economic Theory

Smith saw commerce as ultimately a civilizing force. He didn't deny at all that commerce is going to turn up some pretty ghastly people who think greed is good. One of the functions of Smith's government in the 18th century was to keep an eye on the greed is good brigade.

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