Today is the 250th anniversary of the publication of Adam Smith’s the #WealthofNations, in which he argued that free trade & free markets were a far better way of organising the global economy than imperial domination, brute force & tariff protection. It seems that we still have a lot to learn.
To all Americans from a nonpartisan Canadian scholar and ally:
philpapers.org/archive/TOUA...
#America #American #Trump #UnitedStates #Freedom #MAGA #Fascism #Conservatism #Founders #Constitution #Democracy #Economy #WealthOfNations #Canadian #Canada #Essays #PoliticalPhilosophy #Rights #Republican
Journal of Social Philosophy and Policy, special edition on #AdamSmith #WealthOfNations all articles open access www.cambridge.org/core/journal...
One might have expected a man who boasts of an education in economics at the University of Glasgow to have some appreciation of the forces driving change in town and city centres across the United Kingdom. 🤨
#WealthofNations
#HackJournalism
Das Primat der Ökonomie und die gesellschaftliche Hölle
https://www.youtube.com/watch?v=rIWgsCnFuhM
#Links #Rechts #WohlstandDerNationen #WealthOfNations #Sozialdemokratie #sozialdemokratisch
Dunblane's historic Leighton Library has 1776 first edition of "An Inquiry into the Nature & Causes of the Wealth of Nations" #WealthofNations by Scottish economist, philosopher & key figure in Scottish Enlightenment, Adam Smith who died #OnThisDay 1790
▶️ youtu.be/M_wcYbE80wQ
…/👇
In the vicinity of p. 354 of Adam Smith’s #WealthOfNations, Smith contends that inflation causes wages and prices to fluctuate at the same rates.
Experience shows us that prices only go up, but wages can change.
Smith was wrong. Honest mistake? Perhaps.
A very shaky foundation for “Economics”.
I've seen repeated instances of incorrect interpretations by people who have apparently not read the work cited. My pet peeve is the #WealthofNations. It appears that nobody's read it in the last hundred years. It's just one misinterpretation after another with that book.
#zombietrope #AdamSmith
Very kind of @nixonsimon.bsky.social to flag my recent article on the #USsovereignwealthfund in his latest #wealthofnations article. We have suggested to @asr_london clients that investors need to take the US SWF more seriously. If you wand to read the article visit www.absolute-strategy.com/blog
Pic of Peter Kropotkin over red and black flag with the quote "Each of the atoms composing what we call the wealth of nations owes its value to the fact that it is part of the great whole."
www.blinkist.com/magazine/pos...
Interesting article and some predictable titles from #Musk
But the surprise is #AdamSmith’s #WealthofNations.
I strongly suspect that, like many right wing fans of Smith, he hasn’t actually read it…
Because it isn’t actually that right wing
ssnews.page.link/iS3EGQ6fw39q... billionaires walk into a Cabinet meeting... Sounds like the start of a bad joke, but it’s the Trump administration. #WealthOfNations #ConflictOfInterest #DrainTheSwampOrFillIt
not endose any #Violence, but as trained #Economics doer,remind buds #Father of #Capitalism, #AdamSmith wrote #TheTheoryofMoralSentiments way befr #WealthofNations, chasing #money no #wrong but #prey others to #rich will #karma backfire for sure,so every #human #culture Emphasize #moral.
China’s subsidies create, not destroy, value - Nearly 250 years after the publication of #AdamSmith’s ‘The #WealthOfNations’ & the West has lost the economic plot #Evs #HighSpeedRail #solar asiatimes.com/2024/07/chin...
Ayer eché una partida sorprendentemente rápida al #WealthOfNations
Aposté demasiado y perdí. Me la jugué a que otro jugador negociara conmigo y, al final, no lo hizo. Mi nación jamás se recuperó.
Yesterday, I played a surprisingly quick match of #WealthOfNations
I gambled too hard on cooperating with a player who did not want to, leading to my nation's downfall.
