Saturday, October 4, 2008
The Fairness Doctrine in me.
I figured since O.G.-capitalist Adam Smith hasn't been getting much love these days (see: Chicken-little screaming, "The sky is falling!"), I'd share this progressive use of his ideas for a cap-and-trade on greenhouse-gas emissions, from Slate. You see, the part of Smith they don't teach in Econ 101 is the "moral sentiments" aspect of his free-market theories (I'm looking at you Friedman!). Ha! Social justice and capitalism aren't mutually exclusive! Yippie!
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