...PublicAffairs, 2005, 273. 4. Nor have they invariably supported free markets. According to Adam Smith, "People of the same trade seldom meet together, even...conversation ends in a conspiracy against the public, or in some contrivance to raise prices." Smith, The Wealth of Nations, New York: The Modern Library, 1994,...

...the Nature and Causes of the Wealth of Nations, (Pub. 1776, Ed. Edwin Cannon, Random House, 1994). " 'People of the same trade seldom meet together, even...conversation ends in a conspiracy against the public, or in some contrivance to raise prices'. only so far as it may be necessary for promoting that of the...

...upward at every opportunity. 103 LIST OF ACTIONS I CAN TAKE CHAPTER NINE Getting Higher Market Prices People of the same trade seldom meet together, even...conversation ends in a conspiracy against the public, or in some contrivance to raise prices. —Adam Smith (1723-1790) Growing up in Australia, one gets told...

...populations is a result of political priorities and not shortages. '" As Adam Smith famously observed: "People of the same trade seldom meet together, even...conversation ends in a conspiracy against the public, or in some contrivance to raise prices." Smith 1776, 1:10:2. nation that a well-functioning welfare state...

...very well, which he believed was inherent of economic actors. In a much-quoted sentence he writes, 'people of the same trade seldom meet together, even...conversation ends in a conspiracy against the public, or in some contrivance to raise prices.' Smith continues to note that 'it is impossible indeed to prevent...

...PublicAffairs, 2005, 273. 4. Nor have they invariably supported free markets. According to Adam Smith, "People of the same trade seldom meet together, even...conversation ends in a conspiracy against the public, or in some contrivance to raise prices." Smith, The Wealth of Nations, New York: The Modern Library, 1994,...

...Schmidt, Wettbewerbspolitik, S. 3 f. 58 Smith, Wealth of Nations, S. 144 [Book I Chapter X Part II]: „People of the same trade seldom meet together,...conversation ends in a conspiracy against the public, or in some contrivance to raise prices." Vgl. hierzu auch Drexl, Selbstbestimmung, S. 93 mwN.; Tuchtfeldt,...

...unchecked self-interest, especially when aided by the government, will spoil the benefits of capitalism. "People of the same trade seldom meet together, even...conversation ends in a conspiracy against the public, or in some contrivance to raise prices," Smith wrote in An Inquiry into the Nature and Causes of the Wealth...

...butcher, the brewer, or the baker that we expect our dinner, but from regard to their own interest. People of the same trade seldom meet together, even...conversation ends in a conspiracy against the public, or in some contrivance to raise prices. Monopoly of one kind or another, indeed, seems to be the sole...

...no apologist for merchants and special interests. ln one of his more famous passages, he complained, "People of the same trade seldom meet together, even...conversation ends in a conspiracy against the public, or in some contrivance to raise prices" (128). His goal was to convince legislators to resist supporting...