Please, go read your Adam Smith again. Since free trade replaced mercantilism, liberals have recognised that capitalism can do good even if that is not its first objective. The benign force Adam Smith called the “invisible hand” was instrumental in the creation of modern journalism. As Gavin Kennedy indefatigably continues to point out, the one reference to
submitted by
TimWorstall on 1st Dec 2009 (via timworstall.com)
Daily Mash: CONSUMERS should be able to choose whether or not they want to buy a useless, second-hand car and leave it rusting in their driveway, a crazy right-wing think tank has claimed. The Adam Smith Institute said that Rover 200 buying should be done on a voluntary basis and that perhaps you should
submitted by
TimWorstall on 2nd Aug 2010 (via timworstall.com)
FIRST Minister Alex Salmond is to have a free hand in the number of politically-appointed government advisers he can make.
submitted by
Scotsman on 14th Jan 2010 (via news.scotsman.com)
"Victims of recession to get free therapy," said the headline in yesterday's paper. As part of my contribution to raising the nation's spirits, I'm offering a free journey back to the 1950s. Not a single mention of a credit crunch, and a vision of management and workers toiling hand in hand. Peter Sellers was never better.
submitted by
CliveDavis on 9th Mar 2009 (via spectator.co.uk)
It’s often said that Adam Smith would turn in his grave if he knew what was argued in his name. The latest Adam Smith Institute attack on the Robin Hood Tax would certainly be enough to make his skeleton blush crimson.
submitted by
LiberalConspiracy on 7th Nov 2011 (via liberalconspiracy.org)
Free speech has always posed a liberal dilemma. On the one hand, we hold dear the principle that individuals are free to speak their mind, even when it gives offence. On the other hand, there is Mill’s ‘harm principle’ – what to do about those individuals who incite hatred and violence through their words. It
submitted by
LiberalDemocratVoice on 25th Mar 2009 (via libdemvoice.org)
"Why can't my left hand give money to my right hand?" wondered Wittgenstein. Bizarre proposals to jump-start the stalled private finance initiative, discussed in Wednesday's Society Guardian, resemble the left hand writing out a deed of gift while the right hand pens a receipt. A scheme whose supposed rationale was using the private sector to shelter the taxpayer from risk may now be rev...
submitted by
Guardian on 4th Feb 2009 (via guardian.co.uk)
What would Adam Smith have made of today's economy?
submitted by
BBCPolitics on 28th Mar 2009 (via news.bbc.co.uk)
Brilliant. Just brilliant. Ben Wright, BBC political correspondent, almost burst out laughing when covering the Jacqui Smith MP story just now in the BBC TV news. He kept control, but only just. I bet it’s a laugh a minute when the cameras are off. Politics has always gone hand in hand with comedy, it’s just that
submitted by
TheEnglandProject on 30th Mar 2009 (via theenglandproject.net)