Adam Smith

||All money is a matter of belief||
#writer #scotlandbornandbredbaby #economist #politicalphilosopher #keyfigureduringthescottishenlightenment

[Adam Smith @econoAdamSmith]

People in the Midwest have lost jobs over the past ten years and these people are NOT finding other work! This is due, largely in part, to these apprenticeship laws! They're ridiculous and unnecessary!

[Adam Smith @econoAdamSmith]

Giving third world countries access to markets is NOT "pity trading." Trade, by definition, is a mutually beneficial exchange between two entities. MUTUALLY BENEFICIAL people!

[Adam Smith @econoAdamSmith]

Thought: What if, instead of raising taxes to build and sustain that pier or library, you build it and charge people per use? Would that not be a better allocation of everyone's resources?

[Adam Smith @econoAdamSmith]

Does anyone still believe that nations are poor or wealthy due to geography, education and culture?

[Adam Smith @econoAdamSmith]

@JOMAYNARDKEYNES also the problem with your dating life keynes.

[Adam Smith @econoAdamSmith]

@JOMAYNARDKEYNES that makes no sense.

[Adam Smith @econoAdamSmith]

@JOMAYNARDKEYNES lol you replied to yourself.

[Adam Smith @econoAdamSmith]

@JOMAYNARDKEYNES do you consider that a compliment or.....?

[Adam Smith @econoAdamSmith]

@JOMAYNARDKEYNES lol thank god you aren't a scientist. or a theologian.

[Adam Smith @econoAdamSmith]

Cyber Monday is happening right, in part, thanks to me. #fatherofcapitalism #whatcanisayexceptyourewelcome

[Adam Smith @econoAdamSmith]

@Twitter I am shocked and appalled that 1723 is not a "valid" year option for my date of birth. For shame.

[Adam Smith @econoAdamSmith]

Donald, did you read none of my work on taxes or...? https://t.co/2tCPFzoZwC

[Adam Smith @econoAdamSmith]

Every individual neither intends to promote the public interest, nor knows how much he is promoting it. He intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain. @RealDonad_Trump ??

[Adam Smith @econoAdamSmith]

I feel like this author must really understand my work and perhaps even quote me often in a hypothetical class introducing college freshman to the foundations of economics. Regardless, important points were made. https://t.co/5uAQHU8qQC

[Intercollegiate Studies Institute @ISI]

The word #capitalism is thrown around all the time. Do you know what it really means? @PaulDMueller explains: https://t.co/1BbpmUsyY2

[Adam Smith @econoAdamSmith]

@JOMAYNARDKEYNES boosted government involvement had nothing to do with it. It was ACTUALLY the TRADE RESTRICTIONS getting abolished that did that.

[Adam Smith @econoAdamSmith]

@JOMAYNARDKEYNES no. you know i believe we must do all we can to help people in poverty. No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.

[Adam Smith @econoAdamSmith]

In the university of Oxford, the greater part of the public professors have, for these many years, given up altogether even the pretense of teaching. It is so important that we have good teachers educating our children.
https://t.co/GQB2HI0lfp

[Adam Smith @econoAdamSmith]

Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as little as possible, over and above what it brings into the public treasury of the state…
https://t.co/T1zfDguw2I

[Adam Smith @econoAdamSmith]

@JOMAYNARDKEYNES because that has worked out soooo well for you

[Adam Smith @econoAdamSmith]

@JOMAYNARDKEYNES wait...I thought you fixed recessions though? so why are we even having this problem in the first place?