Who was it who said that a government has “the duty of erecting and
maintaining certain public works and certain public institutions, which it can
never be for the interest of any individual, or small number of individuals, to
erect and maintain”? Franklin Roosevelt? No, it was that most famous of
free-marketeers, Adam Smith. In Teachings from the Worldly Philosophy (W. W.
Norton , $27.50, ISBN 0 393 03919 6), you can read the great economists’
own words, with only a little entertaining direction from editor Robert
Heilbroner.
More from Â鶹´«Ã½
Explore the latest news, articles and features
Popular articles
Trending Â鶹´«Ã½ articles
1
We've found a mysterious substance on Titan and Pluto
2
The secrets to keeping your brain sharp in old age
3
Faecal transplant makes the brains of old mice act young again
4
A quantum state that lasts forever may finally be within our grasp
5
Can prebiotics, probiotics or postbiotics help your ageing microbiome?
6
Fully autonomous drones have killed human soldiers for the first time
7
Has the answer to life's origins been hiding in our cells all along?
8
Cervical cancer deaths have plummeted thanks to HPV vaccine
9
Our brains have their first thoughts surprisingly early in life
10
The one film to watch before seeing Steven Spielberg’s Disclosure Day
