Adam Smith: Free Private Enterprise Vs. The Folly of Human Laws

adam smithFREE ENTERPRISE ZONE: FUNDAMENTAL PRINCIPLES

1776

The natural effort of every individual to better his own condition, when suffered to exert itself with freedom and security is so powerful a principle that it is alone, and without any assistance, not only capable of carrying on the society to wealth and prosperity, but of surmounting a hundred impertinent obstructions with which the folly of human laws too often incumbers its operations; though the effect of these obstructions is always more or less either to encroach upon its freedom, or to diminish its security.


Source: Adam Smith: An Inquiry into the Nature and Causes of the Wealth of Nations. 1776.