Bias, Prejudice, and Adam Smith

FluffyMcDeath

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An interesting talk that, at our age, should be non surprising, but also contains a snippet of Adam Smith which should clarify that requirement of the application of morality to Adam Smith's economic philosophy. An economy with no rule other than the cold logic of the market does not work. Adam Smith's view demands that economic actors are restrained by their own morality, something which seems quaint today.

 
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