February 22, 2007
Adam Smith Currency

From the BBC:

A £20 note featuring economist Adam Smith will be issued on 13 March, the Bank of England has said.

HT: Steven Dubner

ADDENDUM: See also Larry's post last October.

Posted by E. Frank Stephenson at 01:22 PM in Economics

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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