From Adam Smith to the Wealth of America

Download or read book From Adam Smith to the Wealth of America written by Alvin Rabushka and published by Transaction Publishers. This book was released on 1985-01-01 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates that because the United States is enmeshed in a complexity of regulations, government debt, bureaucracy, and taxes does not mean that these policies cannot be reversed. They have been before. Rabushka describes an earlier reversal of mercantilist claims by a growing group of influential politicians influenced by Adam Smith's The Wealth of Nations. It is Rabushka's contention that Adam Smith's principles of sound money, taxes, minimal governmental regulation, and free trade have led to prosperity.