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ADAM SMITH was a Scottish philosopher who developed a theory of government
that would promote his free market capitalistic ideas. This system, if
followed carefully would create the wealthiest and mos...
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ADAM SMITH was a Scottish philosopher who developed a theory of governmentthat would promote his free market capitalistic ideas. This system, if
followed carefully would create the wealthiest and most successful
country ever. His book called The Wealth of Nations, which described his
proposed system, was published in 1776. Our founding fathers read and
studied his writings over the next ten to twelve years, melded it with
our Declaration of Independence and produced our constitution. Alexander
Hamilton, perhaps our most intelligent founding father, spent most of
his years as Secretary of the Treasury under President Washington
developing and implementing policies that would facilitate and promote
Smith's ideas. Over the next 125 years our country closely followed
Smith's teachings and we did become the richest most powerful country
the world had ever seen. This treatise examines the lives of the
presidents, giving insight into what in their formative years helped
shape their philosophy of leadership. It also addresses how well they
followed Smith's teachings while in office. Since 1913, we have had four
significant turns away from Smith's guidance, which have cost us much
blood and treasure. The last turn began in 1988, and we are still
dealing with its ill effects.
