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Tuesday, January 20, 2015

Gavin Kennedy— Flawed Knowledge Of Adam Smith's Political Economy Yields Poor Results


Hans-Werner Sinn gets Adam Smith egregiously wrong. Sinn is not even in the right century. And that's not all.
Professor Hans-Werner Sinn displays a touching faith in the efficiency of modern States correcting the inefficiencies of modern firms. Governments are often complicit in crony-capitalism when they are ‘captured’ by powerful corporate interests.
Adam Smith's Lost Legacy
Flawed Knowledge Of Adam Smith's Political Economy Yields Poor Results
Gavin Kennedy | Founder and Chairman of Negotiate, and Emeritus Professor at Heriot-Watt University

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