Saturday, November 29, 2008

Workers need not apply

Amity Shlaes in the Wall Street Journal, blaming Paul Krugman and workers for worsening the Great Depression and the current financial crisis --

employees continue to pressure firms to spend on health care, without considering they may be making the company unable to hire an unemployed friend.

Adam Smith, in The Wealth of Nations --

It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own self-interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own neccessities but of their advantages.

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