#104
Mentioned in 119 episodes
The Wealth of Nations
Book • 1776
Published in 1776, 'The Wealth of Nations' is Adam Smith's magnum opus that laid the groundwork for modern economics.
The book critiques mercantilist economic theories and introduces the concept of the 'invisible hand,' which describes how individual self-interest leads to societal benefit.
It emphasizes the division of labor, the accumulation of capital, and the importance of free markets.
Smith argues that a nation's wealth is not measured by its gold and silver reserves but by the stream of goods and services it produces.
The book also outlines the core functions of government, such as maintaining defense, enforcing civil law, and promoting education, while advocating for limited government intervention in market activities.
The book critiques mercantilist economic theories and introduces the concept of the 'invisible hand,' which describes how individual self-interest leads to societal benefit.
It emphasizes the division of labor, the accumulation of capital, and the importance of free markets.
Smith argues that a nation's wealth is not measured by its gold and silver reserves but by the stream of goods and services it produces.
The book also outlines the core functions of government, such as maintaining defense, enforcing civil law, and promoting education, while advocating for limited government intervention in market activities.
Mentioned by
Mentioned in 119 episodes
Mentioned by the podcast hosts when discussing the importance of reading.
10,701 snips
How to Get Rich: Every Episode
Mentioned by the podcast hosts when discussing the importance of reading.
2,433 snips
How to Get Rich: Every Episode
Mentioned by 
Gio Valiante when discussing the importance of understanding desire and its impact on decision-making.
Gio Valiante when discussing the importance of understanding desire and its impact on decision-making.
1,296 snips
#181 Dr. Gio Valiante (Part 2): Failure and Success
Mentioned by 
Daniel Priestley while discussing the importance of lead generation and demand and supply tension.
Daniel Priestley while discussing the importance of lead generation and demand and supply tension.
348 snips
285 - The Demand Generation Blueprint - With Daniel Priestley
Mentioned by 
Stephen West in a historical comparison to illustrate the challenges of transitioning economic systems.
Stephen West in a historical comparison to illustrate the challenges of transitioning economic systems.
314 snips
Episode #206 ... Capitalism is dead. This is Technofeudalism. (Yanis Varoufakis)
Erwähnt von 
Erik Ahrens im Zusammenhang mit IQ-Unterschieden und deren Korrelation zum Bruttosozialprodukt.
Erik Ahrens im Zusammenhang mit IQ-Unterschieden und deren Korrelation zum Bruttosozialprodukt.
225 snips
#196 Verbotene Folge: Selbst für Naz*s zu rechts (Erik Ahrens)
Mentioned by 
Naomi Oreskes to illustrate how his work has been misrepresented to support unregulated markets.
Naomi Oreskes to illustrate how his work has been misrepresented to support unregulated markets.
188 snips
Weaponizing Uncertainty: How Tech is Recycling Big Tobacco’s Playbook
Consistent with Adam Smith's theory of stadial development of societies.
148 snips
What Is Capitalism? (with Mike Munger)
Recommended by Warren Buffett as a foundational text in economics.
78 snips
TIP718: Buffett & Munger Unscripted by Alex Morris
Mentioned by 
Robert Smith and Jacob Goldstein as a foundational text in economics, highlighting its revolutionary ideas on trade and national wealth.
Robert Smith and Jacob Goldstein as a foundational text in economics, highlighting its revolutionary ideas on trade and national wealth.
69 snips
Summer School 5: 250 years of trade history in three chapters
Mentioned by 
David Senra in the context of Claude Shannon's and his wife's study of successful investors and market philosophies.
David Senra in the context of Claude Shannon's and his wife's study of successful investors and market philosophies.
67 snips
#95 Claude Shannon
