the notion of Adam Smith as an apostle of laissez-faire who would have recoiled in horror, or even narrowed his eyes in suspicion, at the idea that a healthy state precedes and oversees a truly free market is not merely a caricature of his actual thought—it is in many ways the direct reverse of what he said and argued for length and with great lucidity. - http://www.newyorker.com/news/daily-comment/barack-mitt-and-adam-smith#ixzz21BCxYRpE