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Theodore Roosevelt Malloch (born September 22, 1952, in Philadelphia, Pennsylvania) is Chairman and Chief Executive Officer of The Roosevelt Group, a strategy and thought leadership company.
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Adam Smith’s image of competition in the marketplace was intended as an adjunct to his detailed description of human motivation in The Theory of Moral Sentiments, in which the pursuit of profit is tempered at every juncture by sympathy and benevolence, and by the posture of the “impartial spectator” which is forced on us by our moral nature.