Tag Archives: Adam Smith

Government Interference in the Complex System of Economies

Posted on May 21, 2012 by john

Dear Friends, It seems to me, when distributive justice by political favor is the policy of government, as it is the Obama administration, it increases interconnectedness, while at the same time decreasing the feedbacks of the complex system, that is … Continue reading →

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Envy and Self Interest

Posted on April 29, 2012 by john

Dear Friends, It seems to me our leaders have absolutely no concept of how the market system works or the implications of destroying it. Obama’s executive order the other day is a prime example of this. In his speech he … Continue reading →

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Adam Smith and Recent Chinese history… on the American Elite

Posted on June 24, 2010 by john

Dear Friends, It seems to me that Adam Smith once said; “The statesman, who should attempt to direct private people in what manner they ought to employ their capitals, [money], would not only load himself with a most unnecessary attention, … Continue reading →

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