wealth brings with it its own checks and balances. the basis of political economy is non - interference. the…

wealth brings with it its own checks and balances. the basis of political economy is non - interference. the only safe rule is found in the self - adjusting meter of demand and supply. do not legislate.... make equal laws: secure life and property, and you need not give charity. open the doors of opportunity to talent and virtue, and they will do themselves justice, and property will not be in bad hands. in a free and just commonwealth, property rushes from the idle lazy and brainless, to the industrious, brave, and persevering. read the quotation by ralph waldo emerson. according to both emerson and adam smith, what guarantees success in a free market system? individual freedom public ownership government regulation trade barriers

wealth brings with it its own checks and balances. the basis of political economy is non - interference. the only safe rule is found in the self - adjusting meter of demand and supply. do not legislate.... make equal laws: secure life and property, and you need not give charity. open the doors of opportunity to talent and virtue, and they will do themselves justice, and property will not be in bad hands. in a free and just commonwealth, property rushes from the idle lazy and brainless, to the industrious, brave, and persevering. read the quotation by ralph waldo emerson. according to both emerson and adam smith, what guarantees success in a free market system? individual freedom public ownership government regulation trade barriers

Answer

Brief Explanations:

Both Emerson and Adam Smith emphasized non - interference in the economy. In a free market system, individual freedom allows for the self - adjusting mechanism of demand and supply to work effectively. Public ownership goes against the free - market concept, government regulation is contrary to non - interference, and trade barriers restrict the free flow of goods and services.

Answer:

individual freedom