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Abstract: A 5 page paper discussing FDR's efforts in hiding his paralysis from the American public in relation to Smith's views of public and private behavior. Critics of laissez-faire economics claim that the stance is hard and uncaring, that government needs to do more for the people it governs. Adam Smith's characterizations of market behavior being motivated by self-interest is seen to preclude any participation in warmth or altruism. Smith himself had no difficulty in reconciling these motivations, and neither did Franklin D. Roosevelt. Bibliography lists 4 sources.
Catagory:
Subcatagory: Presidential Studies (U.S.)
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