Adam Quote by Jon Meacham

Adam Smith was aware of the way that economic interests could have a distorting and destructive effect both on the market and on politics.

— Allen W. Wood

The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take…

— Milton Friedman

Adam Smith saw the greed of modern capitalism for what it was - a form of destructive ambition that may have favorable effects on…

— Allen W. Wood

Adam Smith actually took all his best ideas and lines from sources from medieval Persia. But one thing he doesn't take is the underlying…

— David Graeber

The advantage of the free market system is that people invest their capital, they create jobs by investing their capital, and hopefully they get…

— Steve Stivers

I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people to be…

— Nassim Nicholas Taleb

So the Bush-Obama administration has taken a fiscal stance diametrically opposed to that of the patron saint of free enterprise. While escalating war in…

— Michael Hudson

Smith, as we have said, was not the proponent of any one class. He was a slave to his system. His whole economic philosophy…

— Robert Heilbroner

“In The Wealth of Nations, Adam Smith argued that self-interest can solve this problem. Given a free economy and an impartial rule of law,…

— Roger Scruton

While free markets tend to democratize a society, unfettered capitalism leads invariably to corporate control of government.

— Robert Kennedy

We cannot have a free market since it does not really set us free. It's free for interest, speculation and consumerism to create false…

— Tariq Ramadan

Obama is already setting a new historic course by reorienting the economy from private consumption to public investments...free-market pundits bemoan the evident intention of…

— Jeffrey Sachs