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Sarah Skwire and Janet Bufton
How the Commerce of the Towns Contributed to the Improvement of the Country … buckles > power. That's good. #WealthOfTweets #SmithTweets Tomorrow we move on to Systems of Political Oeconomy and other 18thC spellings. See you soon for Book IV! # =WealthOfTweets #SmithTweets See also the AdamSmithWorks Reading Guide for the chapter.
Introduction and Chapter 1 Of the Principle of the Commercial or Mercantile System
Of the Component Parts of the Price of Commodities In that early and rude state of society which precedes both the accumulation of stock and the appropriation of land, the proportion between the quantities of labour necessary for acquiring different objects seems to be the only circumstance which can …
Readings of Smith by Contemporary Political Philosophers: John Rawls
Alejandra Salinas
September 22, 2021
What Harriet Martineau Ate: Plum Pudding and Christmas Cakes
Renee Wilmeth
Still life of grapes, apples and plums by Juan Bautista de Espinosa By spreading the cost of rare or exotics ingredients over thousands of plum puddings in hundreds of cities, an extravagance can become a reliable once-a-year treat. Renee Wilmeth returns … … For Teachers Division of Labor Teaching Toolkit (NEW!) #WealthOfTweets in the Classroom: Division of Labor Adam Smith’s Pin Factory & the Division of Labor Pipe Cleaner Activity How to Make Everything Harder? Ignore the Benefits of Division of Labor
Profitable Business: Adam Smith’s Moral Assessment
Gregory Robson
January 10, 2021 What we get in Smith is not a utopian view of profitable business, but a humane and realistic assessment of the power of firms and the markets in which they operate to do good in the world. … Smithian political economy. I also thank Daniel Cummings for comments and Adam Gjesdal and Mario Ivan-Juarez for discussion of Smith’s views. Related Links: Steven Horwitz, Adam Smith on the Labor Theory of Value Michael Munger, Division of Labor, Part 1
Adam Smith Helps Andrew Smith Explain Labor Markets
Andrew Smith
June 29, 2023 "It’s Adam Smith’s 'Invisible Hand' at work - by acting to satisfy our own gain, we direct our work that produces the greatest value not just to ourselves, but to society."
Ferguson on the Advancement of Civil and Commercial Arts
Amy Willis
July 25, 2021 Part IV of a five-part #ReadWithMe on Adam Ferguson’s An Essay on the History of Civil Society. … of politics Ferguson wants us to be aware of? Why oughtn’t we rely on specialized statesmen alone? (p. 215) What specific dangers to liberty does Ferguson describe? How do these dangers compare to what you see as the gravest threats to liberty today?
Sarah Skwire
September 28, 2020 … do you want to save time for? What are you going to do with it?” “For work, if you love that best,” said Dad. “For education, for beauty, for art, for pleasure.” He looked over the top of his pince-nez. “For mumblety-peg, if that's where your heart lies.”
"Saving Adam Smith" Saves My Economics Class
Leah T. Kilfoyle
June 19, 2020 Saving Adam Smith hit the bullseye for my most recent search for a book that not only covers a number of my state’s standards, but demystifies the broader understanding of Adam Smith’s economics.
A Modern Lawyer and Smith’s Lectures on Jurisprudence, Part 2
Clark Neily
Clark Neily for AdamSmithWorks October 7, 2019 Ensuring justice in a complex world is a daunting task. But it is the fundamental duty and the true raison d’etre of every sovereign, every elected body, and every legitimate political regime of whatever …
Bargaining with the Butcher, Baker, and Brewer: A New Look at Smith’s Most Famous Sentences
Jacob Sider Jost
January 17, 2021 Our desire to persuade each other is not reducible to our pursuit of self-interest in a narrow material sense; it is rather a deep feature of human nature, one we share with the men and women whom we rely on for our food.
The Women of the Smith Questionnaire
Christy Lynn Horpedahl
March 29, 2022 The Smith Questionnaire is a fun way to learn about Adam Smith and those who study and enjoy him. As Women's History month wraps up, take 5-10 minutes to learn a little more from the women of the Smith Questionnaire.
On First Looking into The Wealth Of Nations
Sarah Skwire
May 20, 2019 How does a student of poetry come to love Smithian political economy? Sarah Skwire counts the ways... … that “…the most dissimilar geniuses are of use to each other.” I haven’t stopped being fascinated by his particular form of genius, and the particular tools in the economist’s toolkit since. But the Appendix on the price of herring is still pretty boring.
#ReadWithMe: Ritchie Robertson’s The Enlightenment: Science Goes Public
Amy Willis
June 9, 2022 Early in the Enlightenment, science was still haunted by the specter of charlatanry, and scientists were keen to demystify science. The Royal Society came into existence, illustrating the emphasis on community and conversation. … Networking, at Speaking of Smith Vernon Smith, Adam Smith: Scientist and Evolutionist, at AdamSmithWorks Graham McAleer, Smith’s Scientific Milestones, at Speaking of Smith Mike Young, Eastern Science, Individualism, and Adam Smith, at Speaking of Smith
Smithian Exchange Among Non-Human Animals
James E. Hanley
February 14, 2021 Smith wrote about the human propensity to "truck, barter, and exchange," but the modern science of animal behavior suggests that we are not exactly alone in this capability. What would you give for a chance to hold someone else’s baby? For baboon females, the price is grooming the mother. Baboons groom each other for health, picking parasites off each other in places they can’t reach by themselves, and for social bonding, but …
Are the Interests of Those Who Live by Profit Ours?
Alex Aragona
September 14, 2020 … same with that of the public, who have generally an interest to deceive and even to oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it.” Also by Alex Aragona: Adam Smith and the Costs of the Division of Labor
Heroes of the Smithian Turn, Part 2 of 2
Nicole Penn
December 8, 2022 Penn invites readers to consider the Smithian ideas of sympathy and imagination woven throughout Will Arbery’s play Heroes of the Fourth Turning. Part 2 of 2. … TMS, 181. [9] Arbery, Heroes of the Fourth Turning, 81. [10] TMS, 62. [11] Arbery, Heroes of the Fourth Turning, 73. [12] TMS, 12. [13] TMS, 181. [14] Arbery, Heroes of the Fourth Turning, 74. [15] Arbery, Heroes of the Fourth Turning, 29. [16] TMS, 169.
Tyler Cowen on the Greatest Economist of All Time (GOAT)
Joy Buchanan
April 2, 2024 Competition is good, right? Buchanan looks at who the top contenders are in the battle to discover the great economist of all time (GOAT) using Tyler Cowen's book with generative AI. … of mentioned economists: Adam Smith, John Stuart Mill, Milton Friedman, John Maynard Keynes Other writing by Joy Buchanan: Taylor Swift's Anti-Hero as a Smithian Anthem and The Invisible Threads: Adam Smith and the Global Second-Hand Clothing Trade