French supermarket Carrefour has put stickers on its shelves this week warning shoppers of “shrinkflation” - where packet contents are getting smaller while prices are not.

  • Which Adam Smith then follows by saying the craftspeople need to form guilds (unions) in response, which is the only scenario where the invisible hand approach could work

    • The invisible hand was really just mentioned once in relation to the dynamics of trade between states, the whole concept is just taken out of context.