Prologue: Adam Smith and the absurd prescriptions of doctors

By my count, the word “absurd” appears 36 times in Adam Smith’s Wealth of Nations, but for me the most memorable use of this word is when Smith refers to “the absurd prescriptions” of doctors in Book II, Chapter 3 of his magnum opus. Here, Smith draws a direct analogy between two types of health systems, micro and macro, so to speak: i.e. the health of any given solitary individual (micro) and the financial health of an entire nation (macro):

“The uniform, constant, and uninterrupted effort of every man to better his condition, the principle from which public and national, as well as private opulence is originally derived, is frequently powerful enough to maintain the natural progress of things towards improvement, in spite both of the extravagance of government and of the greatest errors of administration. Like the unknown principle of animal life, it frequently restores health and vigour to the constitution, in spite, not only of the disease, but of the absurd prescriptions of the doctor.” (WN, II.iii.31, p. 343)

What I wish to explore further, however, is the last part of this famous passage. Specifically, when Smith observes that a man might often regain his health in spite “of the absurd prescriptions of the doctor,” is he writing from personal experience? That is the subject of a new paper that I am writing.

In summary, my paper will be structured as a three-act play, with each “act” corresponding in chronological order to a different medical practice that Adam Smith encountered during his lifetime:

  1. Act I explores one form of quackery that Smith himself fell for during his student years at Balliol College, Oxford: tar water. The young Smith was so sold on this miracle remedy that he recommends it to his mother in a letter dated 2 July 1744 (Corr. 6).
  2. Act II takes place across the English Channel during an excursion at Louis XV’s royal hunting lodge in Compiègne, France, where Smith’s travel companion and student, the 3d Duke of Buccleuch, contracts a “slight fever.” (Corr. 94) Here, Smith will witness, most likely for the first time, one of the most common medical procedures and “absurd prescriptions” of the time: bloodletting.
  3. Act III will describe a fatal encounter with 18th-century medicine that Smith witnessed first-hand during his last days in Paris: the sudden and severe ailment of Duke Henry’s younger brother, Hew Campbell Scott, which Smith himself describes as “vomitings” and “Purgings” (Corr. 97), followed by a wide variety of ultimately fruitless prescriptions and medical treatments, including ippecacuana, opium, and rhubarb.
  4. Lastly, I conclude with an epilogue exploring a Smithian anomaly of sorts. Although Adam Smith defends some forms of aggressive government regulation in Book II of The Wealth of Nations and calls for the provision of universal public education in Book V (a truly original and radical idea at the time!), as late as 1774 he was decidedly pro-market and anti-regulation when it comes to doctors and medicine.

As an aside, what Smith calls the “absurd prescriptions” of doctors has a long and colorful history. See generally Lydia Kang and Nate Pederson’s 2017 book Quackery: A Brief History of the Worst Ways to Cure Everything.

Posted in Uncategorized | Leave a comment

Coming soon: two new series on Adam Smith

Starting tomorrow (16 Sep), I will begin sharing the details of two new scholarly projects that I have been working on these past few weeks. One of my projects explores Adam Smith’s own personal experiences with doctors and the health practices of his day, including such quack remedies as tar water and the practice of bloodletting. (I will also survey Smith’s hard-core free-market views on medical education. See especially letter #143 in The Correspondence of Adam Smith; Mossner & Ross 1987, pp. 173-179). My other project builds on the previous work of Anderson, Shughart, & Tollison (1985), who pointed me to an archive preserved on microfilm containing over 1,100 pieces of correspondence signed by Adam Smith in his capacity as as commissioner of Scottish customs. I will thus be doing a deep dive into Smith’s work as a customs official during the last 12 years of his life. In the meantime, I will continue the painstaking process of transcribing the contents of this archive.

Adam Smith ve kapitalizm | GazeteBilim

WORKS CITED

Gary M. Anderson, William F. Shughart II, and Robert D. Tollison, “Adam Smith in the Customhouse”, Journal of Political Economy, Vol. 93, No. 4 (1985), pp. 740-759.

Ernest Campbell Mossner and Ian Simpson Ross (editors). The Correspondence of Adam Smith. Indianapolis: Liberty Fund (1987).

Posted in Uncategorized | Leave a comment

Assorted end-of-summer links

  1. The Public Database of World Predictions (hat tip: Alex Tabarrok)
  2. A computational framework for evaluating an edge-integrated, multi-ramp construction model of the Great Pyramid of Giza (via Nature)
  3. AI extinction resignation sparks false-flag conspiracy claims (via The Telegraph)
  4. Game Theory (Open Access textbook with 165 solved exercises; via arXiv)
  5. Posner v. Tullock: Diverging Paths in the Economic Analysis of the Law (via RHETM)
  6. The Kid Who Could Count to Ten (Excerpt from 1968 Soviet animated film; via Twitter)
Posted in Uncategorized | Leave a comment

Sunday song: One note samba

Posted in Uncategorized | Leave a comment

The wisdom of Gary Leff

Check out this post by ‘Air Genius’ Gary Leff: “Terrorists Attacked Our Freedoms on 9/11–Then Washington Spent 25 Years Taking More of Them Away“. Today, air-travel passengers in the U.S. are less safe (see here, for example) AND less free than ever before. PS: Call me crazy, but teetotalers and war-mongers George W. Bush (Iraq) and Donald J. Trump (Iran) should be in jail right now for leading us into two protracted wars under false pretenses.

Resident Alien This Is Some Bullshit Bumper Sticker
Posted in Uncategorized | Leave a comment

Flight 93

Posted in Uncategorized | Leave a comment

New issue of the Adam Smith Review

My most recent paper “Adam Smith in the City of Light” (with Alain Alcouffe) was recently published in volume 15 of the Adam Smith Review. (Here is a link to an ungated preprint of my paper.)

thumbnail
Posted in Uncategorized | 1 Comment

Two movies that I can’t wait to see next month

One (“The Social Reckoning“) is about Mark Zuckerberg’s response to a Wall Street Journal investigative report known as the Facebook files; the other (“You Can See Everything“) is about disgraced Theranos founder and convicted felon Elizabeth Holmes. The theatrical release dates of these productions are 9 and 16 October; teasers below:

PS: “Musk” does not make my short-list as that movie is almost four hours long!

Posted in Uncategorized | Leave a comment

Wikipedia Wednesday: Stono Rebellion

File under: the history they did not teach me in school. The Stono Rebellion (also known as “Cato’s Conspiracy”) begins on this day (9 September) in 1739 in the colony of South Carolina. It is the largest and most violent uprising in Britain’s mainland North American colonies prior to 1776, and what is even more noteworthy is that it was a slave revolt! (Also on this day in 1850, California is admitted as the 31st U.S. State.)

Posted in Uncategorized | Leave a comment

The Lindsay Clancy trial and the case for range voting

As you probably have heard by now, last Friday (4 September) the judge presiding over the Lindsay Clancy case in Plymouth, Mass., declared a mistrial after a lone holdout juror had blocked a unanimous verdict after seven days of tense and arduous deliberations. (See here or here, for example.) Alas, I hate to be “that guy”, but this case would not have ended in a mistrial had the jury been allowed to use a simple weighted voting system known as “score voting” or “range voting“, which would have allowed the jurors to express how strong or weak they think the prosecution’s case is. For further reference, I explain in far more detail how this common-sense and intuitive voting procedure works in three of my previous papers:

  1. Why Don’t Juries Try ‘Range Voting’?“, Criminal Law Bulletin, Vol. 51 (2015), pp. 680-692.
  2. The Case for Bayesian Judges“, Journal of Legal Metrics, Vol. 6 (2019), pp. 13-20
  3. Weyl Versus Ramsey: A Bayesian Voting Primer“, SSRN (2020)

I have also blogged about score/range voting (or what I now prefer to call Bayesian voting — “Bayesian” because this method of voting allows one to express degrees of belief) many times before:

  1. Range Voting and “Making a Murderer“
  2. Bayesian voting 101
  3. Some virtues of Bayesian voting
  4. ChatGPT: Why don’t juries use range voting?

For a technical explanation of how Bayesian systems of voting solve Arrow’s Paradox, see the video below:

Posted in Uncategorized | 1 Comment