A number of leftist economists are making the argument that Adam Smith is really one of them. In their view, if Smith were around today, he’d support such measures as minimum wage laws. Lest you find yourself falling for their case, I suggest viewing this video in which George Mason University economist professor Dan Klein shows that the “left Smithians’ are guilty of great overreach.
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About the Author
George Leef is the director of external relations at the James G. Martin Center for Academic Renewal. He is the author of The Awakening of Jennifer Van Arsdale: A Political Fable for Our Time.
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