The statesman who should attempt to direct private people in what manner they ought to [operate their business] wouid not only load himself with a most unnecessary attention, but assume authority which could safely be trusted, not to no Sngle person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who [was so arrogant to think] himself fit to exercise it. To ... direct private people in what manner they ought to employ their capitals. . . in almost all cases [is] a useless or hurtful regulation. If the produce of domestic [industry] can be brought there as cheap as that of foreign industry, the regulation is evidently useless. If it cannot, it must generally be hurtful. Adam Smith, The Wealth of Nations, 1776 2. Which of the following ideals of United States government is most relevant to this passage? (A) Natural rights (B) Popular sovereignty (C) Limited government (D) Social contract
The statesman who should attempt to direct private people in what manner they ought to [operate their business] wouid not only load himself with a most unnecessary attention, but assume authority which could safely be trusted, not to no Sngle person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who [was so arrogant to think] himself fit to exercise it. To ... direct private people in what manner they ought to employ their capitals. . . in almost all cases [is] a useless or hurtful regulation. If the produce of domestic [industry] can be brought there as cheap as that of foreign industry, the regulation is evidently useless. If it cannot, it must generally be hurtful. Adam Smith, The Wealth of Nations, 1776 2. Which of the following ideals of United States government is most relevant to this passage? (A) Natural rights (B) Popular sovereignty (C) Limited government (D) Social contract
Related questions
Question
Number 2
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps