Conversation

Yes, Adam Smith discovered and built a huge hammer in his theory of the self-regulating market. But he did not thereafter think everything was a nail: his skepticism with respect to the doctrine of leaving everything to the market was profound:

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NOTE: The Limits in Adam Smith's "Wealth of Nations" of his Attachment to Laissez-Faire
Tucking this away here so that I will be able to find it easily later…
< https://braddelong.substack.com/p/note-the-limits-in-adam-smiths-wealth >
2024-08-07 We