Even today — in blithe disregard to his actual philosophy — Smith is generally regarded as a conservative economist, whereas in fact, he is more avow… - Robert Heilbroner

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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.

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About Robert Heilbroner

Robert Heilbroner (March 24, 1919 – January 4, 2005) was an American economist and historian of economic thought.

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Additional quotes by Robert Heilbroner

It may strike us as odd that the idea of gain is a relatively modern one; we are schooled to believe that man is essentially an acquisitive creature and that left to himself he will behave as any self-respecting businessman would. The profit motive, we are constantly being told, is as old as man himself.
Nothing could be further from the truth.

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