October 12, 2007
Economic Commentary by Mike Hicks

Ball State economist Mike Hicks, whose book on Wal-Mart I have mentioned before, writes weekly economic commentaries which are archived here. His latest article is on the declining influence of labor unions, where he mentions my favorite insurance order, the International Order of Odd Fellows.

Posted by Joshua Hall at 06:19 PM 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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