...suffered to exert itself with freedom and security, is so powerful a principle, that it is alone, and without any assistance, not only capable of carrying...laws too often encumbers its operations; though the effort of these obstructions is always more or less either to encroach upon its freedom, or to diminish...

...suffered to exert itself with freedom and security, is so powerful a principle, that it is alone, and without any assistance, not only capable of carrying...of human laws too often encumbers its operations. 42 Smith, An Inquiry into the Nature and Causes of the Wealth of Nations, vol. i, bk I, ch. I, pp....

...suffered to exert itself with freedom and security, is so powerful a principle, that it is alone, and without any assistance, not only capable of carrying...folly of human laws too often encumbers its operations . . . ADAM SMITH, THE WEALTH OF NATIONS 49-50 (Edwin Cannan ed., Univ. of Chi. Press 1976)(1776). 18...

...suffered to exert itself with freedom and security, is so powerful a principle, that it is alone, and without any assistance, not only capable of carrying...of human laws too often encumbers its operations... — Adam Smith — More than two centuries have passed since the publication of the most influential...

...suffered to exert itself with freedom and security, is so powerful a principle, that it is alone, and without any assistance, not only capable of carrying...obstructions with which the folly of human laws too often incumbers its operations. . . , 22 The creative power of market competition can cover a multitude of...

...conviction that "the natural effort of every individual to better his own condition ... is alone and without any assistance, not only capable of carrying...obstructions with which the folly of human laws too often incumbers its operations" ([1776] 1994, 581). However, he did not have a commensurate faith that democratic...

...suffered to exert itself with freedom and security, is so powerful a principle, that it is alone, and without any assistance, not only capable of carrying...obstructions with which the folly of human laws too often incumbers its operations; though the effect of these obstructions is always more or less either to...

...to exert itself with freedom and security, is so powerful a principle, that it is alone, and without assistance, not only capable of carrying on the society...obstructions with which the folly of human laws too often incumbers its operations."1 Smith's system forms a seamless, architectonic whole — a sphere of freedom...

...obstructions with which the folly of human laws too often incumbers its operations; though the effect of these obstructions is always more or less either to encroach upon its freedom, or to diminish its security. Adam Smith The great difficulty, for the political theorists of the enlightened disposition, was how...

...suffered to exert itself with freedom and security, is so powerful a principle, that it is alone, and without any assistance, not only capable of carrying...wealth and prosperity, but of surmounting a hundred obstructions with which the folly of human laws too often incumbers its operations. Laissez-faire economics,...