For Smith's theory does unquestionably lead to a doctrine of laissez-faire. To Adam Smith the least government is certainly the best: governments are spendthrift, irresponsible, and unproductive.

Messrs. Pooley and Gilder remind us that the book’s themes remain fresh.

First, his discussion of Adam Smith's beliefs and influence on ... Indeed, probably no country in the world has bought into Smith's theories and continued to accept them more than the U.S. That ...