Re: Economic Growth as a moral issue


"Dave Smith" <david@xxxxxxxxxxxxxxxxxxxxxx> wrote in message
news:1132424562.233421.54640@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
> In Adam Smith's time, people did not need to worry about limited
> resources, and economic growth seemed to be in everyone's interest.
> Today, however, it seems that, with unrestrained growth, resources may
> run out and almost everyone will be worse off. Thus there is a greater
> requirement for economic prudence, sustainable development and
> restrained capitalism.

The introduction to the Harvard Classics edition of "Wealth of Nations",
published 1909-14, contains the following gem, which sounds to me like
something Douglas Adams could have written:

"In its original form the book contained a considerable number of
digressions and illustrations which the progress of knowledge and of
industrial civilization have shown to be inaccurate or useless, and of these
the present edition has been unburdened."

Regards,
Philip.


.

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