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Smith on Corporate Lobbying – “On the Wealth of Nations”, P.J. O’Rourke

May 14th, 2012 · No Comments · Democracy, Policy, Politics

Smith was not a fan of what would come to be called lobbying:

“The proposal of any new law or regulation of commerce which comes from [merchants or manufacturers] ought always to be listened to with great precaution, and ought never be adopted till after having been long and carefully examined… with the most suspicious attention.”

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