November 17, 2006
Art Carden on Wal-Mart

It's been awhile since I last posted on Wal-Mart, but here's a nice offering from Art Carden.

NB: Happy Thanksgiving to readers and co-bloggers. I (and co-bloggers Bob, Josh, Ed, and Craig) will be attending the Southern Econ meetings Sat-Tues.

Posted by E. Frank Stephenson at 08:27 AM in Economics

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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