Tuesday, August 8, 2017

Gavin Kennedy — Paul Samuelson's Awesome Error

Certainly, none of Smith’s contemporaries mentioned Smith’s use of the invisible hand. Only in the mid-20th century was that assertion made and believed, thanks to Paul Samuelson’s awesome reputation legitimising his wholly invented error.
Adam Smith's Lost Legacy
Gavin Kennedy | Professor Emeritus, Heriot Watt University

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