Author Archives: F. E. Guerra-Pujol
The sarcastic Adam Smith
As I mentioned in a previous post (see here), Adam Smith surveys a wide variety of British mercantilist laws in Part #12 of his 1784 pamphlet, but he devotes most of his time and energy here to wool (see paragraphs … Continue reading
Adam Smith’s lesser evil
¡Vamos Argentina! Thus far this week (see here and here), we have explored the penultimate part of Adam Smith’s 1784 pamphlet Additions and Corrections to the First and Second Editions of Dr. Adam Smith’s Inquiry into the Nature and Causes … Continue reading
Adam Smith’s 1784 survey of Britain’s mercantile system
Happy Bastille Day, though I confess that I am rooting for España in today’s World Cup semi-final match in Arlington, Texas! Now, picking up where we left off in my previous post, below is a comprehensive summary of Adam Smith’s … Continue reading
Adam Smith and the mercantile system
Thus far these past few weeks (see here, here, here, here, here, here, here, here, here, and here), we have surveyed the first 11 additions in Adam Smith’s pamphlet Additions and Corrections to the First and Second Editions of Dr. … Continue reading
2026 World Cup anthem: Dai Dai (en español)
Bonus link: “Laws of the Game” (official rulebook of football/soccer). Bonus link #2: “In the United States, Every World Cup Team Is a Home Team” (NYT)
Then and now: the market for outer space orbits
Nota bene: I will resume my series of blog posts on Adam Smith’s 1784 pamphlet on Monday, 13 July. On this day (10 July) in 1962, the world’s first telecom satellite, Telstar 1, was launched by NASA from the Cape … Continue reading
Adam Smith redux
I concluded my survey of Part #11 of Adam Smith’s pamphlet “Additions and Corrections to the First and Second Editions of Dr. Adam Smith’s Inquiry into the Nature and Causes of the Wealth of Nations” (Smith 1784, pp. 13-22) in … Continue reading
Some closing thoughts on Adam Smith’s critique of the herring bounty scam
Thus far this week (see here and here), we have been rehearsing Adam Smith’s sundry arguments against “the herring bounty scam” (my term) on pages 13 to 22 (Addition #11) of his 1784 pamphlet Additions and Corrections to the First … Continue reading
Adam Smith’s *negative invisible hand*
Nota bene: I credit my colleague and friend John Alcorn with the idea of a “negative invisible hand”. As I mentioned in my previous post, Addition #11 of Adam Smith’s 1784 pamphlet provides many reasons why the herring bounty is … Continue reading

