the fiscal cliff.

Today’s Smith Sunday entry is none other than. . .Adam Smith, the father of modern economics.  Now, I’m not an economist, and I don’t understand economic theory.  Clearly, or my own personal economy might be in better shape—and this post would be more substantial.

I’ll be using part of today to go off and read about Adam Smith both at the link above and at the Adam Smith Institute, and see if I can’t understand a little bit of it and what, if any, impact he has on the nonsense that’s happening in Washington just now.  But I do wonder if the fact that Adam Smith lived from 1723 – 1790 might not be part of our problem.

Shouldn’t our economy have evolved over the last two hundred and twenty-two years?