“…The goal of government is generally to smooth out the ups and downs
of the natural business cycle and to foster competition…” – T

Of course this ‘goal’ is made up and mere ideology. In no way is it
mandated, at least not by the constitution.


On Dec 11, 8:09 pm, Taylor <[email protected]> wrote:
> <<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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