Josh Dowlut

revolutionary in that for the first time ever, it suggested that lifting the poor from the depths of poverty was actually a good thing. Far from the anti-government anarcho-libertarian he is often portrayed as, Smith advocated for progressive taxes, public works and public schools. What Smith couldn't stand was anti-competitive regulations. Today's expansive intellectual property laws and oppressive occupational licensing requirements would bother Smith far more than letting the Bush tax cuts expire would. Every protectionist policy crafted to protect producers Smith would see as inherently harming consumers and therefore the wealth of the entire nation. Read my blog for the real deal on what should and should not be happening regarding economic policy.