When the name Adam Smith comes up, 99 percent of the time it's in reference to the Scottish philosopher's 1776 magnum opus An Inquiry Into The Nature ...
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It can be argued that companies dependent upon $7.25 an hour labor to be profitable are not really legitimate businesses, they are publicly supported "corporate welfare recipients."
How much human misery and suffering will it take before we finally come together as citizens and incorporate a higher moral ethic into the pursuit of profit once and for all?
With or without Wealth of Nations on the presidential reading list, markets aren't going away. Neither is oil or the need for a free people to protect ourselves and our environment from recklessness in the pursuit of it.
2011 could be an inflection point in the Capitol. New leadership in Congress. New staff at the White House. Perhaps even a new era of bipartisanship forged out of the tragedy in Arizona.
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