Adam Smith’s Rubbish Bin (TM)
Adam Smith, the 18th century philosopher, laid down the foundations for market economies. Professors Bill Keep and Nancy Lasher explore how businesses and politicians influence markets to their advantage, and the price we pay as a result.
Adam Smith’s Rubbish Bin (TM)
Laid Off: Researchers, Innovators, and the Department That Fixes Stuff
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BKNL Productions LLC
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Season 1
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Episode 2
This episode digs into the current enthusiasm for government downsizing and disinvestment. Adam Smith, ever the pragmatist, wrote that in addition to providing a defense from external threats and a fair and effective judicial system, the government has a responsibility to create and maintain public institutions and public works.