As the Wise Man Said…

by | Sep 28, 2021

[T]the obvious and simple system of natural liberty establishes itself of its own accord. Every man … is left perfectly free to pursue his own interest in his own way…. The sovereign is completely discharged from a duty [for which] no human wisdom or knowledge could ever be sufficient; the duty of superintending the industry of private people, and of directing it towards the employments most suitable to the interest of the society.

–Adam Smith, The Wealth of Nations, Book 4, Chapter 9

Sheldon Richman

Sheldon Richman

Sheldon Richman is the executive editor of The Libertarian Institute and a contributing editor at Antiwar.com. He is the former senior editor at the Cato Institute and Institute for Humane Studies; former editor of The Freeman, published by the Foundation for Economic Education; and former vice president at the Future of Freedom Foundation. His latest books are Coming to Palestine and What Social Animals Owe to Each Other.

View all posts

Our Books

libertarian inst books

Related Articles

Related

The Ultimate Case Against the Churchill Cult

The Ultimate Case Against the Churchill Cult

According to the National WWII Museum, the Second World War resulted in 45,000,000 civilian deaths, 15,000,000 combat deaths, and 25,000,000 soldiers permanently wounded. This is what many academics and media influencers refer to as "The Good War." Just as we cannot...

read more

Pin It on Pinterest

Share This