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History, 22.04.2020 01:29 kratose

Look at this passage in Chapter 2: “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 interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages.” According to Smith, why do we make certain economic decisions? Is this a good or a bad thing?

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