This myth has bitten the dust repeatedly, yet it keeps coming back. Michael Hudson did an excellent job of describing how Smith and Hume consciously constructed a dishonest picture of the benefits of free trade, while Steuart and Josiah Tucker were more forthright. I tried to take the story a bit further in The Invention of Capitalism.
-- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]
