10 Enduring Lessons from Adam Smith (thedailyeconomy.org)

The article marks the 250th anniversary of Adam Smith’s “Wealth of Nations” by highlighting ten Smith quotations that the author says still apply today. It emphasizes Smith’s skepticism toward social and economic “systems” imposed by planners, arguing that markets coordinate activity through incentives and the division of labor. The piece also stresses competition over collusion, the role of institutions and rule of law in growth, and the limits of human control over complex societies.