pilotyip
Well-known member
- Joined
- Nov 26, 2001
- Posts
- 13,629
Still applies
Actually is was Econ 438 at Cal State Hayward back in 1977 getting ready for my MBA, but anyway Adam's first rule still applies. "Everyone will look out for their own best interest". Now interest and motivations may be slanted by regulations and other controls, but he had it right back in 1780. We still make our decisions on what is best of us."Too hard to read" .... classic
Only his ideas count If it's "too hard" to read than just admit that there is more at work in our economy than just the "free hand" -- and thank god there is, btw.