Private property isn’t about selfishness so much as it’s about creative control. Someone might want to have their own business, not because they’re greedy, but because they have a vision of how they want things to go that won’t be realized if everyone else gets a say in it.
– Chris Freiman, Professor, John Chambers College of Business and Economics at WVU
Adam Smith and Equality of Force
It was 250 years ago that Adam Smith published The Wealth of Nations. In it, he looked back on the contact that various distant peoples had had with Europeans, following the discoveries of Christopher Colombus and Vasco de Gama. The results, by Smith’s time in 1776,...
