Speaking of Smith Archives
Tenniel and Smith know the Mad Hatter's topper is more than a silly silk hat.
James Stacey Taylor for AdamSmithWorks
So impoverished might he be that he could not afford to forgo the small profit that he could make by using his hat to contribute in some way to his business. Hence, the price-tag prominently displayed in the Hatter’s hat.
So impoverished might he be that he could not afford to forgo the small profit that he could make by using his hat to contribute in some way to his business. Hence, the price-tag prominently displayed in the Hatter’s hat.
Reading the Wealth of Nations: Book 4
Matt Bufton for AdamSmithWorks
Smith calls this book “Of Systems of Political Economy,” while our discussion leader described this book as “the argument”. It is here that Smith’s attack on the mercantilist system is most apparent.
Smith calls this book “Of Systems of Political Economy,” while our discussion leader described this book as “the argument”. It is here that Smith’s attack on the mercantilist system is most apparent.
Three Cheers for Adam Smith's Cities
Kyle Swan for AdamSmithWorks
If we look carefully, we see that Smith praises both town and country living for promoting “independency.” He says that it arose much earlier for those in the city; but, it’s also one of the main attractions of country life. But where does he think we enjoy more or better freedom?
If we look carefully, we see that Smith praises both town and country living for promoting “independency.” He says that it arose much earlier for those in the city; but, it’s also one of the main attractions of country life. But where does he think we enjoy more or better freedom?
Reading the Wealth of Nations: Book 2
Matt Bufton for AdamSmithWorks
Smith uses the phrase “productive labour” in our readings for this week. But what does he mean by it? In a modern context, most people think of productive labour as something that produces, well... value. He refers to lawyers, physicians, and even men of letters (like Adam Smith himself) as unproductive.
Smith uses the phrase “productive labour” in our readings for this week. But what does he mean by it? In a modern context, most people think of productive labour as something that produces, well... value. He refers to lawyers, physicians, and even men of letters (like Adam Smith himself) as unproductive.