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History, 06.05.2020 05:16 angie0000

You have just read about one of the great economists of all time, adam smith. in his famous publication the wealth of nations smith makes the following statement “it is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner but from their regard to their own interest.”

in one well developed, explain this statement from an economists perspective.

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