“Even today — in blithe disregard to his actual philosophy — Smith is generally regarded as a conservative economist, whereas in fact, he is more avowedly hostile to the motives of businessman than most New Deal economists.”

—  Robert L. Heilbroner , book The Worldly Philosophers

Source: The Worldly Philosophers (1953), Chapter III, Adam Smith, p. 62

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Robert L. Heilbroner 39
American historian and economist 1919–2005

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