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Tag Archives: Politics
Final thoughts on Adam Smith’s 1784 Additions and Corrections to The Wealth of Nations
Happy hump day! I began my in-depth survey of Adam Smith’s 79-page 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), way … Continue reading
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Tagged adam-smith, Economics, History, Philosophy, Politics, the-wealth-of-nations
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Death of a fabulist
To my mind, one of the most maddening aspects of the whole Jason Arday affair has been the business-as-usual progressive and pro-DEI biases of the mainstream media and of the blogosphere. Have you noticed, for example, how most of the … Continue reading
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Tagged Education, History, jason-arday, Philosophy, Politics
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Tobacco, textiles, and wine: the immortal Adam Smith
Nota bene: This is the fifth installment of my multi-part review 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 of the Wealth of Nations. … Continue reading
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Tagged adam-smith, american-revolution, Economics, History, Politics, Trade, wine
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France, England, and the immortal Adam Smith
Nota bene: Today’s post contains the fourth installment of my multi-part review of Adam Smith’s 79-page 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 … Continue reading
Revisiting another Adam Smith problem
Nota bene: Today’s post contains the third installment of my multi-part review 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 of the Wealth of … Continue reading
Adam Smith on wealth, power, and the self-correcting nature of markets
Last week (see here and here), I mentioned how Adam Smith had published a 79-page pamphlet in 1784 containing 13 separate “additions and corrections” to the first two editions of The Wealth of Nations (1776, 1778). Of these 13 additions/inserts, … Continue reading
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Tagged adam-smith, Economics, economy, finance, Markets, Politics
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Adam Smith and the division of labor: cure or curse?
The first three chapters of The Wealth of Nations (WN, I.i-iii) are devoted to the division of labor. Although Adam Smith will later have some bad things to say about the individual effects of the division of labor in Book … Continue reading
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Tagged adam-smith, division-of-labor, Economics, History, Philosophy, Politics, specialization, the-wealth-of-nations
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Das Problem des Reichtums: What does Adam Smith mean by *wealth* in The Wealth of Nations?
Below is an excerpt from Chapter 1 of my forthcoming survey of Adam Smith problems with Salim Rashid: “’Wealth’, in the words of Robert L. Heilbroner, ‘is a fundamental concept in economics—indeed, perhaps the conceptual starting point for the discipline.’ … Continue reading
Update re: domestic constitutional violence in Los Angeles
As a follow-up to one of my previous posts on “Domestic Constitutional Violence: Los Angeles” (see here), I want to mention that a federal appellate court in California recently affirmed President Trump’s decision to deploy the California National Guard, ostensibly … Continue reading
A Coasian critique of Kurt Gray’s harm thesis: part 1 of 3
Yesterday, I read Elizabeth Kolbert’s review (see here) of Kurt Gray’s new book Outraged: Why We Fight about Morality and Politics and How to Find Common Ground on pp. 63-65 of the January 20th issue of The New Yorker. Among … Continue reading
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Tagged Economics, Ethics, kurt-gray, Politics, reciprocal-harms, Ronald Coase
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prior probability 