Two centuries ago, Adam Smith wrote in The Wealth of Nations of an “invisible hand” that, in a free market, tends to turn individually self-interested actions into public goods that benefit society as a whole.
On Wednesday, a visiting associate professor of economics at Michigan State University seemed to put that guiding philosophy to the test, in an incident at Sarasota-Bradenton International Airport, in Florida, that resulted in his arrest on two felony charges.
According to the Associated Press, the professor, John Douglas McCallie, age 56, had just landed at the airport with his wife, who coaches the university’s women’s basketball team, when they realized they were missing a piece of luggage but had thrown away their claim stubs.
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