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4min chapter
526. Was Adam Smith Really a Right-Winger?
Freakonomics Radio
Exploring Adam Smith's Legacy and Political Influence
This chapter explores the lasting impact of Adam Smith's economic theories on contemporary political practices, specifically during Margaret Thatcher's tenure. It critically assesses how the Adam Smith Institute has interpreted his ideas, while shedding light on the complexities surrounding privatization and the sale of national assets in the UK.
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