September 28, 2007
Er, thanks.

I was happy to find DoL listed (at 68) on this list of Top 100 Academic Blogs Every Professional Investor Should Read, but the description was puzzling:

68. Division of Labour: The Division of Labour features historical economic headlines, ads, and more.

"Historical economic headlines" no doubt refers to Craig's NYT series.

But ads?

Posted by Robert Lawson at 08:35 AM in Admin

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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