Comment by fragmede
Especially Adam Smith. The claims are scattered throughout The Wealth of Nations, but he hated them with specificity. He said they raise prices and lower quality, misallocate capital, and corrupt politics, among other things.
Especially Adam Smith. The claims are scattered throughout The Wealth of Nations, but he hated them with specificity. He said they raise prices and lower quality, misallocate capital, and corrupt politics, among other things.