- Words: 2350
- Length: 9 Pages
- Topic: Economics
- Paper #: 83856237
Smith believed this would lead to inefficiency.
However, unlike Plato, Smith did not believe that the ideal republic should decide from birth what occupation an individual should follow, rather that the individual must freely choose by his or her own will, how to direct his or her energies and labor in the most efficient and self-interested fashion, which would ultimately result in the advancement of the nation as a whole.