Argument for Small Government Using Adam Smith

Posted By ALN

May 16, 2020

Blockchain Info

Argument for Small Government Using Adam Smith
May 16, 2020

Adam Smith long ago recognized that “natural liberty,” which resulted from eliminating unjustified preferences and restraints, needed a government far smaller than one requiring innumerable regulations and mandates as well as trillions of dollars of taxes each year. If we are to restore the vision he shared with our Founders—providing the broadest possible canvas for human freedom—far less folly and presumption from government is necessary, allowing us to make more use of the invisible hand of mutually beneficial, voluntary market arrangements.”

Related Articles

Adam Smith – Self Interest

It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own self-interest. We address ourselves not to their humanity but to their self-love, and never talk to them of our own necessities, but...

Hayek – Central Planning

This is not a dispute about whether planning is to be done or not. It is a dispute as to whether planning is to be done centrally, by one authority for the whole economic system, or is to be divided among many individuals.

Stay Up to Date With The Latest News & Updates

Access Premium Content

Join our Learning Network and Access some great content.

Follow Us

Join our Learning Network on Facebook and Youtube.