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Adam Smith and British Bubbles???
There’s a delightful moment in Adam Smith’s Wealth of Nations where he neatly demonstrates the efficacy and efficiency of free trade by talking about wine... So why are the French buying up vineyard land in England???
Adam Smith on Market Changes, Efficiency, and How to Fire Employees
Adam Smith understands that markets do and must churn as supply and demand and free trade move, but he also importantly argues for measures that make these changes more bearable for workers, like implementing changes gradually and eliminating privileges and regulations that unduly benefit or insulate the powerful.
Bob Ewing on Narratives and Counterintuitive Ideas
Bob Ewing talks to host Juliette Sellgren about how he got started and how many of the great lessons in life are learned. They also talk about counter-intuitive ideas, how to find the answers to them, and how to effectively communicate them. He talks to us about kettlebells and quotes (almost) every great author under the sun.
Extra: Erik Matson on Adam Smith, David Hume, and the New Paternalists
Complex preferences, the difficulty of understanding tacit knowledge (even with clear prices!), and Enlightenment lessons come together in Janet Bufton's Extra on Juliette Sellgren and Erik Matson's Great Antidote podcast.