Mark Lindley and myself made that very same point, years ago, in our discussion 
of Adam Smith in this article:

********************************************************************************************************************************
Looking Back for Insights into a New Paradigm ( 
https://mronline.org/2011/08/17/looking-back-for-insights-into-a-new-paradigm/ )
********************************************************************************************************************************

https://mronline.org/2011/08/17/looking-back-for-insights-into-a-new-paradigm/ 
( 
https://mronline.org/2011/08/17/looking-back-for-insights-into-a-new-paradigm/ )

Sad that someone like Roberts, normally very astute, got that wrong,


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