212. Adam Smith often is quoted as saying, People of the same trade seldom meet together, even...

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21–2. Adam Smith often is quoted as saying, “People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public or in some contrivance to raise prices.” If Smith is right, does this justify a role for government?

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Managerial Economics And Organizational Architecture

ISBN: 9781260571219

7th International Edition

Authors: Clifford W. Smith, Jerold Zimmerman, James Brickley

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