“Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society, which he has in his view. But the study of his own advantage naturally, or rather necessarily leads him to prefer that employment which is most advantageous to the society.”– Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations.
The year is 1776 and many things happened that still are with us today. Can you name some? Many may state the American Revolution or the Declaration of Independence. Sure, they are important. But, today 9 March in 1776, Adam Smith’s Wealth of Nations was published.
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