The Wealth of Nations
A Sociology, Economics, Classics book. Civil government, so far as it is instituted for the security of property, is in...
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More About The Wealth of Nations
Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another. Adam Smith, The Wealth of Nations // People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. Adam Smith, The Wealth of Nations // Wherever there is great property, there is great inequality. Adam Smith, The Wealth of Nations //
The Wealth of Nations is an overview of economics by the Scottish philosopher Adam Smith around the time of the American Revolution. At the time of the writing, the popular ideology of economics was mercantilism - that is, countries should export as much products and import as much gold as possible. Hence, the somewhat strange title... I always rate books for CC having only read excerpts, but this particular instance should be taken with a huge grain of salt--a boulder of salt even. (Cue Homer Simpson: "Mmm....salt boulder.") Some 80-100 pages out of a thousand. I found it very compelling, if occasionally very disagreeable. Makes me want to read Capital. 3.5 For some reason, the American Right tend to be as vehemently in favor of the Invisible Hand of the market as they are vehemently against the Invisible Hand of Darwinian selection. And the old USSR was exactly the same, except that they reversed the two positions.Am I the only person who thinks this is just plain weird?