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Everett Dean Martin

“He held that not only is government incompetent to regulate by decree or by grant the affairs of individuals, but its meddling inevitably results in putting a premium on inefficiency. As soon as government management begins it upsets the natural equilibrium of industrial relations, and each interference only requires further bureaucratic control until the end is the tyranny of the totalitarian state.”

Everett Dean Martin | Professor of Social Philosophy at Claremont Colleges in California | From Martin’s1939 Essay Summarizing Adam Smith’s economic philosophy