By JNi.Media
The quota committee of the Ministry of the Economy and Industry is embarking on this new competitive process for the import of chilled, duty-free meat for 2018.
We wonder about the endlessly volatile markets and also (not often enough) about plainly unequal distributions of national wealth, but are the nation’s official policy responses based on correct views of classical economic theory? In particular, what about Adam Smith and his oft-quoted arguments for “free market capitalism”? More than any other classical theorist, Smith has been embraced by conservatives.