make-work (was Re: pre-Keynesian)

[Tom Walker]

I defer to Ted's superior knowledge on the invisible hand thread, with the
caveat that the more one emphasizes the centrality and coherence of the
concept, the less can one credit Smith's otherwise acute vignettes. Or would
it be the other way 'round? Could it be that Smith, following his own
natural inclination to confound means and ends, confounded his eloquence
with an Idea and that the end, his invisible hand, amounts to no more of a
intellectual conveniency than a tweezer-case?

Tom Walker
Bowen Island, BC
604 947 2213