Protectionism in Biden’s Inflation Reduction Act Harms Consumers…
CFO News Room
DECEMBER 11, 2022
In The Wealth of Nations , Adam Smith wrote , “It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost more to make than to buy.” . Smith then projects his observation of a household to that of a nation: “What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom.” .
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