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Adam Smith’S Essentials: On Trust, Faith, And Free Markets




When trust is shaken, individuals pull back and the market system contracts. Where trust grows, individual energy and creativity are unleashed and the system grows. In Adam Smith’s vision of humankind’s progress, trust is the central theme.

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  • Evensky, Jerry, 2011. "Adam Smith’S Essentials: On Trust, Faith, And Free Markets," Journal of the History of Economic Thought, Cambridge University Press, vol. 33(02), pages 249-267, June.
  • Handle: RePEc:cup:jhisec:v:33:y:2011:i:02:p:249-267_00

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    Cited by:

    1. Sabine Hommelhoff & David Richter, 2016. "Refuting the Cliché of the Distrustful Manager," SOEPpapers on Multidisciplinary Panel Data Research 871, DIW Berlin, The German Socio-Economic Panel (SOEP).
    2. Abbas Mirakhor, 2014. "The Starry Heavens Above and the Moral Law Within: On the Flatness of Economics," Econ Journal Watch, Econ Journal Watch, vol. 11(2), pages 186-193, May.

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