#literature

See tagged statuses in the local Rambling Readers community

@gutenberg_org

“not only is there no invocation of the free market […Adam Smith] plainly sees that government, not private industry, is the only force capable of effectively ‘erecting and maintaining’ the technically unprofitable but nevertheless indispensable ‘publick works’ and ‘publick institutions’ […] essential to every modern state.”

—Evan Gottlieb on the origins & legacy of Adam Smith’s “Invisible Hand”
https://www.thebottleimp.org.uk/2013/05/invisible-hand-over-fist-on-the-development-and-legacy-of-adam-smiths-famous-phrase/