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DU Home » Latest Threads » Forums & Groups » Topics » Activism » Propaganda Debunking (Group) » Stop calling it "The... » Reply #5

Response to Spitfire of ATJ (Original post)

Wed Jun 13, 2012, 07:57 PM

5. I first heard the term in the early 70's in college

Macroeconomics. The term is discussed in Adam Smith's "Wealth Of Nations", first published in 1776, but it's probably much older than that. It's an old term that was co-opted by the right. The thing to do is not to discourage its use but to define it for what it really is and how bad total laissez faire economics can be. There is no "invisible hand".

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Arrow 29 replies Author Time Post
Spitfire of ATJ Jun 2012 OP
veganlush Jun 2012 #1
immoderate Jun 2012 #2
egbertowillies Jun 2012 #10
progree Jun 2012 #11
Curmudgeoness Jun 2012 #3
Spitfire of ATJ Jun 2012 #6
ArcticFox Jun 2012 #4
progree Jun 2012 #9
Mc Mike Oct 2012 #19
NaturalCommunist Jun 2013 #22
LineReply I first heard the term in the early 70's in college
Gman Jun 2012 #5
Curmudgeoness Jun 2012 #7
Spitfire of ATJ Jun 2012 #8
CleanLucre Jun 2012 #12
Curmudgeoness Jun 2012 #13
CleanLucre Jun 2012 #14
majia12a Jun 2012 #15
Spitfire of ATJ Jun 2012 #16
TeamPooka Jul 2012 #17
Craig_Langford Jul 2012 #18
TOC Oct 2012 #20
zeemike Mar 2013 #21
libodem Jun 2013 #23
Spitfire of ATJ Jun 2013 #24
bread_and_roses Oct 2014 #27
libodem Oct 2014 #28
Bill USA Oct 2013 #25
Spitfire of ATJ Oct 2013 #26
harbinger07 Mar 2015 #29
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