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Tuesday, August 18, 2026

250th Anniversary of the Wealth of Nations Merits a Read reposted by Ruth Paget

The following article in the Chicago Book Review by John H. Cochrane, a senior fellow of the Hoover Institution at Stanford University and former finance professor at Chicago Booth, discusses how capitalism as discussed in The Wealth of Nations by English author Adam Smith is supposed to work for the benefit of society:

https://www.chicagobooth.edu/review/invisible-hand-adam-smith-thomas-jefferson?source=ic-em-20260818

Reposted by Ruth Paget

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