Adam Smith

Adam Smith's Opinions

Macroeconomics Is free trade generally beneficial for a country? Agree By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain. ... By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good. Edit Pitches 01 Jan 1776    Source

Economics Is capitalism good? Agree Every system which [rewards an] industry a greater share of the capital of the society than what would naturally go to it, or [forces an] industry some share of the capital which would otherwise be employed in it, is in reality subversive of the great purpose which it means to promote. It retards, instead of accelerating, the progress of the society towards real wealth and greatness; and diminishes, instead of increasing, the real value of the annual produce of its land and labour. Edit Pitches 01 Jan 1776    Source

Comparisons with Other Experts and Influencers

The similarity between Adam Smith and each expert and influencer is calculated by looking at how the same questions were answered. These figures are used to calculate conforming, nonconforming, and projected opinions. The accuracy of the analysis depends on Adam Smith's coverage, which grows with the number of their opinions entered into TakeOnIt.

Conforming Opinions

Adam Smith's conforming opinions are opinions that align with the group of experts and influencers Adam Smith typically agrees with.

Projected Opinions

Adam Smith's projected opinions are opinions Adam Smith is expected to have if their opinions align with the experts and influencers that they typically agree with.