@stevep59 "The problem when you have vested interests gaining too much power and directing government for their benefit."
You mean the old Unions, the state monolyths like the NHS and others of that ilk? hmyeah...
The biggest problem with Smith is that he ( as all his peers) still assumed the classic Rational Man actually existed.
A cynic would say that assuming Malice and Incompetence as the standard state of affairs gets you further, and ends up in a lot less disappointment.. ;)
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@stevep59 "The problem when you have vested interests gaining too much power and directing government for their benefit."
You mean the old Unions, the state monolyths like the NHS and others of that ilk? hmyeah...
The biggest problem with Smith is that he ( as all his peers) still assumed the classic Rational Man actually existed.
A cynic would say that assuming Malice and Incompetence as the standard state of affairs gets you further, and ends up in a lot less disappointment.. ;)