Scot Lehigh is true (“Russians aren’t alone in being deluded by lies and propaganda,” Opinion, April 13). A extremely massive lie he missed is the concept that we reside in a free-market financial system.
Within the 18th century, Adam Smith wrote that the invisible hand of the market ensures that items and companies will probably be exchanged for his or her truthful worth. I’m positive for this reason suppliers of important companies, corresponding to lecturers, nurses, and residential well being aides, are so nicely paid, and why individuals who shuffle figures on Wall Road surprise, from week to week, whether or not they are going to come up with the money for to place meals on the desk. Ah, however legions of lobbyists on Capitol Hill, Beacon Hill, and wherever else they will plant the load of their thumb on the dimensions of the financial system ensure that their lords and masters profit from a tilted market.
The place is Mr. Smith’s hand? Tied behind his again.
David A. Redgrave