Clay tablets unearthed in Asia Minor reveal a sophisticated commercial order emerging spontaneously nearly four thousand years before economists explained h ...
It’s another load of Lolbertarian bullshit, the invisible hand of the market is a holy ghost, emergent simply when two people (even ancient primitives) engage in commerce, don’t you know. The subtext is: the idea that it is dangerous if unregulated is the product of the simple communist mind, even these primitives understood that!
For sure. It’s just frustrating that our entire society seems to connect “trade” and “markets” to being invented by Capitalism. Like, no one knew how to trade their berries for meat, or invent currency until Adam Smith came along and mentioned the “invisible hand”.
For some reason no one seems to take his writings as seriously when he talks about landlords though. So, odd how that worked out. /s
It’s another load of Lolbertarian bullshit, the invisible hand of the market is a holy ghost, emergent simply when two people (even ancient primitives) engage in commerce, don’t you know. The subtext is: the idea that it is dangerous if unregulated is the product of the simple communist mind, even these primitives understood that!
For sure. It’s just frustrating that our entire society seems to connect “trade” and “markets” to being invented by Capitalism. Like, no one knew how to trade their berries for meat, or invent currency until Adam Smith came along and mentioned the “invisible hand”.
For some reason no one seems to take his writings as seriously when he talks about landlords though. So, odd how that worked out. /s