#010: Conspiracy Against the Public

"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible, indeed, to prevent such meetings, by any law which either could be executed, or would be consistent with liberty and justice. But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies, much less to render them necessary."*

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*Smith, Adam. An Inquiry into the Nature and Causes of the Wealth of Nations (p. 50). University Of Chicago Press. Kindle Edition.

Adam Smith FRSA (c. 16 June [O.S. c. 5 June] 1723[1] – 17 July 1790) was a Scottish economist, philosopher as well as a moral philosopher, a pioneer of political economy, and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics'' or ''The Father of Capitalism''.  https://en.wikipedia.org/wiki/Adam_Smith | https://en.wikipedia.org/wiki/The_Wealth_of_Nations