Jerome's article that has the Adam Smith quotes is also on target. It still amazes me how much of what Smith really said gets swept under the rug. The Smith that gets hauled out as the absolute voice of the absolute free market has become a characature.

The difficulty with so much of the current free market advocates is that they have come to see the market has morally neutral and actors within it as amoral. (This isn't exactly what I mean, but I can't find other words.) Smith, on the other hand, understood a market working according to market laws but moral actors had to work within this market.