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Tuesday, February 12, 2013

Adam Smith Was Smarter Than RWNJs Think


Paul said that Obama should have learned from 18th century philosopher Adam Smith, author of The Wealth Of Nations. Though conservatives like Paul frequently cite Smith to justify their opposition to new regulations, Smith actually said that regulations on banks were as important as fire codes and other safety regulations.

Why yes, yes he did.


February 12, 2013 | Permalink


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