August 25, 2009
Labour Standards or Liberty?

Josh Hall and I consider international labour standards on the IEA's blog. It's based on our forthcoming "Economic Viewpoints" article in Economic Affairs. That article is based on Josh's IHS "Liberty & Society" lectures on sweatshops and labor standards.

Posted by Art Carden at 07:47 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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