New notes chime chorus of protest
Plans to revamp British banknotes with new aphorisms from Adam Smith, the dead economist, are causing unprecedented discord in the financial community.
Thousands of investors and bankers have signed an e-petition launched by the Adam Smith Institute. The campaign is also backed by the Brown Initiative for Global Salvation Through Unrestricted Fiscal Freedom (BIGSTUFF), which warned yesterday that the notes could cause “serious public de-understanding” of Smith’s ideas.
The economist lived in the 18th century, when Enlightenment values were invented. He is widely considered the father of modern laissez-mourir welfare policies.
“These quotes have been taken completely out of context,” said Morrigan Hartley, the author of the bestselling Perpetual Growth for Perpetual Stability, and other works of popular economics.
The new banknotes are part of government efforts to reinflate the pound and ballast the British economy after recent lucrospheric turbulence caused unprecedented levels of uncapped flotation and incidental sandbagging.
In line with the Neuro convergence criteria, the government’s fiscal policy is essentially to add one zero to the value of each note.
The controversial quotes include:
• “No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.” (£50)
• “Science is the great antidote to the poison of enthusiasm and superstition.” (£100)
• “I have never known much good done by those who affected to trade for the public good.” (£200)
• “The real tragedy of the poor is the poverty of their aspirations.” (£500)
