nsTeam1RO, nsTeam1RW, nsTeam1_talkRO, nsTeam1_talkRW, Administrators
22,417
edits
Changes
Jump to navigation
Jump to search
Line 5:
Line 5: + + + +
no edit summary
<blockquote>
<blockquote>
Freedom is the principle on which the United States was founded. More than 200 years later, freedom serves as the nation's political foundation. Freedom is also the cornerstone of the American economic system. It is often called the free enterprise system because of the freedoms of the marketplace. [http://teachertech.rice.edu/participants/jbueno/Lessons/freedom.html]
Freedom is the principle on which the United States was founded. More than 200 years later, freedom serves as the nation's political foundation. Freedom is also the cornerstone of the American economic system. It is often called the free enterprise system because of the freedoms of the marketplace. [http://teachertech.rice.edu/participants/jbueno/Lessons/freedom.html]
</blockquote>
<blockquote>
...every individual necessarily labours to render the annual revenue of the society as great as he can. He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by ''an invisible hand'' to promote an end which was no part of his intention. Nor is it always the worse for the society that it was no part of it. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good. [[Adam Smith]] [http://plus.maths.org/issue14/features/smith/]
</blockquote>
</blockquote>