Thursday, June 05, 2008

Adam Smith, 1723-1790

According to the Julian Calendar under which he was born, Adam Smith was born this day in 1723. His book, An Inquiry into the Nature and Causes of the Wealth of Nations, was published the same year as the Declaration of Independence, and his "Inquiry" was answered in a very Jeffersonian way: Nations become wealthy to the degree they are independent of the State and its regulations. Nations become wealthy to the degree they depend only on "the Invisible Hand" of providence to guide their economy.

One reason why Americans look to the State for salvation is because they are victims of educational malpractice, and have never learned how the economy works under Divine Providence, as the Declaration of Independence points out.

If the doctrine of Divine Providence were taught once again, Americans would be ready to denounce tyranny and abolish it. Read about it here:

http://www.AstonishingProvidence.com/invisiblehand.htm

No comments: