The Guardian view on Adam Smith: he deserves rescuing from the free-market myth | Editorial

On the 250th anniversary of The Wealth of Nations, the Scottish philospher is still invoked by the right. Yet he worried about inequality, monopoly and the power of wealth This week 250 years ago, Adam Smith published An Inquiry Into the Nature and Causes of the Wealth of Nations – and invented economics. The anniversary has been marked by opinion columns, new books and academic conferences. How different it was 50 years ago. The 1976 bicentenary produced the definitive scholarly edition and ...

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