Titian evious
Which of the following economic policies does the quote best support?
A. Utopian socialism
B. Communism
C. Keynesian policy
D. Laissez-faire policy
"Every individual is continually exerting himself
to find out the most advantageous employment
for whatever capital he can command... But is is
only for the sake of profit that any man employs
a capital in the support of industry... [In so
doing] he generally neither intends to promote
the public interest, not knows how much he is
promoting it...he intends only his own security;
and his own gain. [But] he is in this, as in many
other cases, led by an invisible hand to promote
an end which was not part of his intention. By
pursuing his own interest he frequently
promotes that of the society more effectually
than when he really intends to promote it."
Adam Smith, The Wealth of Nations, 1799