Kim Hess

Adam Smith, the so-called father of economics, once said this about the slickly oiled business machine: "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest." In other words, the more vested the butcher, the brewer or the baker is in the overall fiscal health of his or her own enterprise, the better the overall product for the rest of us. Smith died in 1790, and so, quite what he would have said...