Smith Or Darwin?

This is a review of Robert H. Frank's new book, The Darwin Economy, in which the author attempts to argue that Darwin's theory of natural selection better explains economic decision-making that Adam Smith's "invisible hand," using examples from nature to illustrate how animals can develop characteristics that ensure their individual survival, but often at the expense of the species as a whole.  The reviewer points out, however, that nature offers plenty of examples of intra-species cooperation, an observation that could be compared to Smith's own willingness to concede that collective action is often needed to smooth out the rough edges that the "invisible hand" leaves behind.

Ultimately, folks, the real point is not "either-or."  It's different solutions for different problems.  As well as the intelligence, the humility, and ultimately the willingness to make the right choices.