16 March 2007

Friday 16th March 2007. Adam Smith.

So they are going to put the Scot Adam Smith on an English 20 quid note.
Silly!
It's also silly for another reason. They think he was the father of capitalism and laissez faire and all that.
According to someone else he wasn't a laissez faire capitalist at all.
His argument was that he really argued against what is now called neoliberalism.