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[Pandagon] Hi Ho! Hi Ho! It's Off To The Nominally Free Market As Determined By John Stossel We Go In Our Internet-Bought Cars!: In "The Wealth of Nations," he wrote, "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices." He advised that any legislation such a group proposed "ought always to be listened to with great precaution." Detroit and its dealers wield enough influence in state capitals to make direct sales of cars on the Internet illegal everywhere but Alaska. Every year the automotive industry spends millions of dollars fighting government regulation, but when it can use government for its own ends, it does.

 [The Globalization Institute - Blog - free trade and world peace] The statism of the pharmaceutical industry: of Adam Smith: People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices....But in the market for pharmaceuticals, patent protection prevents that from happening.

[Solo] JOHNKAY: 15 February 2005 (Financial Times) [HP]: administration from the Robert H. Smith School of Business at the University of Maryland at College Park, Md... which he lauded Adam Smith in the father of economics' home town of Kirkcaldy, as "delightful". The US... by Chairman Alan Greenspan Adam Smith At the Adam Smith Memorial Lecture, Kirkcaldy, Scotland February 6

[Radical Left :: Main Page] America Runs on Greed & Exploitation: ,” Smith wrote, “even for merriment and diversion, but the conversation ends in a conspiracy against... Smith, “desire to get as much, the masters to give as little as possible. The former... attempts to regulate the differences between masters and their workmen,” Smith also noted, “its

 [Fff.org] Boudreaux's Blog -- January 2004: Shame on you for letting John Vickers get away with enlisting Adam Smith in the cause of trust-busting (Economic Focus, Dec. 6th).

 [Volokh.com] The Volokh Conspiracy - Careful With That Quote:: When two strong men stand face to face, tho’ they come from the ends of the earth!Likewise, some people defend antitrust law by quoting Adam Smith's line "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices." But Smith actually said:

[Praxeology.net] In a Blog's Stead - December 2003: Let me assure you that I still stand firmly behind what I wrote in “The Contradiction In Anarchism.” Briefly, I don’t believe your commentary begins to satisfactorily address the anarchist problem of the “final arbiter” that I raised – specifically, the anarchist dilemma of trying to establish a stable legal framework, while at the same time allowing individuals to retain an unlimited right to secede from that framework, and any decisions of a market-spawned legal arbiter (assuming that such an arbiter could even arise from “the market” and attract the unanimous support it would require).

[Yglesias.typepad.com] Matthew Yglesias: Notes on Tyson on Kerry on Trade: Free trade is a clever Orwellian term for protectionism for the rich and protectionism for employers, it is not free enterprise nor free markets, as advocated by Adam Smith and David Riccardo, or as practiced within our 50 states. The sooner the voting public picks up on the difference, the sooner this dogmatic ideology equating free trade with valid capitalism will come apart in tatters.

 [Adamsmith.org] Think Piece: He postulated that supply creates its own demand and concluded that marked contractions in economic activity would, with time, be unwound.7 The widespread acceptance of Say's Law and the associated confidence in the self-stabilizing property of a market-based price system were dominant factors inhibiting government intervention in periods of economic distress, especially during the latter part of the nineteenth and early twentieth centuries.

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