One who intends to leave others better off for his having existed.

1/1/10

Should Greensboro’s City Council, Skip Alston’s Guilford County Commissioners or the federal government have the power to determine which local hotels, restaurants and meeting venues succeed or fail?

The proposal of any new law or regulation


which comes from [businessmen],


ought always to be listened to with great precaution


and ought never to be adopted


till after having been long and carefully examined,


not only with the most scrupulous, but with the most suspicious attention.


 


It comes from an order of men


whose interest is never exactly the same with that of the public,


who have generally an interest to deceive and even to oppress the public,


and who accordingly have, upon many occasions


both deceived and oppressed it.


 


Adam Smith


Moral philosopher and Father of Modern Economics

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