On the record
It took almost a century after the publication of the Wealth of Nations for men to realize that its axioms represented the experience of a definite time.
Said by
Harold J. Laski
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gutenberg.orgIt took almost a century after the publication of the Wealth of Nations for men to realize that its axioms represented the experience of a definite time.
Laski points out that it took a long time for society to recognize the limitations of the principles laid out in Smith's 'Wealth of Nations'.
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The revolutionary spirit, in fact, was as much the product of the past as the very institutions it came to condemn.
In a time of crisis, particularly, when the things we hold most dear are threatened, we shall find the desire to throw overboard the habits of tolerance, almost irresistible.
Liberty means self-government, and self-government means the right of every man to be his own legislator.
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