Blog Post
Adam Smith: Mercantilism Is Enemy of the People
AEIdeas
October 24, 2010
From the New World Encyclopedia:
“In Wealth of Nations, one senses Smith’s passion for what is right and his concern that mercantilism benefits the wealthy and the politically powerful while it deprives the common people of the better quality and less expensive goods that would be available if protectionism ended and free trade prevailed.”
HT: PeakTrader
