The best policy is laissez faire . Tax should be collected from profits on income from land. Individual pursuit of self-interest in an exchange economy is the best guarantee of social harmony. It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard for their own interest. 8 - Wealth depends on rising production.
Productivity growth depends on division of labour and specialisation.
Natural law applies to the human being as an individual who has rights to private property and its use. Government limitation of these property rights is undesirable. Employers conspire to keep wages low. Employers and employees have unequal powers in any dispute. Economic growth will reach a plateau.