...theorists, postulates a conspiratorial hypothesis at the heart of his economic theory, namely that people 'of the same trade seldom meet together, even...the conversation ends in a conspiracy against the public'.6 Despite all this, conservatives are unlikely to be convinced by the Left's denials that it...

...spirit"42 led them "on many occasions" to "deceive and even to oppress the public."43 These were people who "seldom meet together, even for merriment and diversion,...conversation ends in a conspiracy against the public, or in some contrivance to raise prices." In contrast to the exalted role of "the statesman" in mercantilist...

...towards anti-competitive conduct should not be underestimated. As Adam Smith cynically commented in 1776: 'People of the same trade seldom meet together, even...merriment and diversion, but the conversation ends in conspiracy against the public, or in some contrivance to raise prices'.33 With this in mind, competition...

...Adam Smith pointed out long ago: People of the same trade seldom meet together, even for merriment or diversion, but the conversation ends in a conspiracy against the public, or in some con340 trivance to raise prices. From an antitrust perspective, trade associations pose two...

...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...

...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...

...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...

...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...

...enforcer of cartel agreements in the majority of industries in America. Adam Smith's observation that "people of the same trade seldom meet together, even...conversation ends in a conspiracy against the public, or in some contrivance raise prices" seems to have held true for many of the NRA code negotiations (Smith...

...their goods without having to take risks, innovate, or work more efficiently. As Smith famously wrote, "People of the same trade seldom meet together, even...conversation ends in a conspiracy against the public, or in some contrivance to raise prices."61 Regrettably, the conversation rarely stops among themselves....