It’s hard to find anyone whose teachings are mischaracterized as often as Adam Smith’s. A *lot* of his work is about moral compass and non-financial/incentivized decision making, but all you ever hear about is his belief that markets are pretty great (and they are).
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Well, bad ideas tend to be doubled down when they fail. Often the argument is “we did not do enough X”, therefore, it is blamed for the failure.
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Yes Marxism isn’t implemented badly, it’s truly bad at the core.
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He's certainly not well-understood by a great many capital "L" Libertarians.
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If you can understand Marx...
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