An Uncharitable Interpretation of Adam Smith and Modern Markets?
Posted in Economic Illiteracy on Apr 13th, 2015
I just finished reading another paper (from a student) and it contains a sentiment that I have seen expressed time and time again: Smith original believing [sic] that the market always self-regulates and moves into a magical equilibrium Where is the evidence for this view? And just where are folks learning that this is in […]
