Smith, as we have said, was not the proponent of any one class. He was a slave to his system. His whole economic philosophy stemmed from his unquestioning faith in the ability of the market to guide the system to its point of highest return. The market โ that wonderful social machine โ would take care of society's needs if it was left alone. "Consumption is the sole end and purpose of all production," he wrote.
Robert HeilbronerEconomists can be called the worldly philosophers for they sought to embrace in a scheme of philosophy the most worldly of man's activities-his drive for wealth.
Robert Heilbroner