<<In this book, Smith describes free market enterprise and the
invisible hand of the market,
which the United States does not embrace. >>

I don't think you will find anyone who embraces a complete laissez-
faire philosophy anymore.  Adam Smith came before the Depression.  The
goal of government is generally to smooth out the ups and downs of the
natural business cycle and to foster competition.

The "invisible hand" normally works well, but needs help every now and
then.



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