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AdamSmith

Restraint of Trade ?

restraint of tradeNOUN1. action tending to interrupt the free flow of goods and services, as by price fixing and other practices that have the effect of reducing competition.  (Source: Dictionary.com; italic emphasis added.)  Here’s an offer from amazon.com to ship cross-border—USA to Canada—though undoubtedly, the FREE Shipping will need to be adjusted.  Here’s the adjustment! …

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Which Hand? — Invisible? or Learned?

~Adam Smith’s invisible hand (in its present, contorted multinational condition): By preferring the support of [global] to that of [domestic] industry, [the multinational] intends only [its] own security; and by directing that industry in such a manner as its produce [and branding] may be of the greatest value, [it] intends only [its] own gain, and …

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ECON 001 ~ The (In)Visible Hand($)

~ ————/Note 1: Because symbols and pictures can sometimes be more direct than words, I have undertaken to sketch some thoughts and observations of the current state of dire affairs between Big Business, big government, small politics, and the beleaguered citizen (formerly “a person with equal rights”). Hopefully over time my rough art will improve. …

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