#21349
Mentioned in 2 episodes

An inquiry into the nature and causes of the wealth of nations

Book • 1776
Published in 1776, this book is a comprehensive study of political economy that challenges the mercantilist views of the time.

It 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.

Smith introduces the concept of the 'invisible hand,' which describes how individual self-interest leads to societal benefit through free markets.

The book also discusses the division of labor, capital accumulation, and the role of government in economic development, advocating for limited government intervention and the promotion of free trade and competition.

Mentioned by

Mentioned in 2 episodes

Mentioned in relation to his theory of banking and the 'dead pledge' concept.
16 snips
Read_860 - Stone Ridge 2024 Investor Letter
Mentioned by Alli Roper when discussing the foundational principles of capitalism.
16 snips
25. What are Communism, Socialism, & Capitalism? Economic Ideologies 101
Erwähnt im Podcast als Begründer der modernen Ökonomie und Autor des Buches "Der Wohlstand der Nationen".
Adam Smith - Moralphilosoph und Begründer der modernen Ökonomie
Von Andreas Sator erwähnt, um das Konzept der Arbeitsteilung anhand des Beispiels einer Nadelfabrik zu erläutern.
#305 Erklär mir die Industrielle Revolution, Andreas Resch
Im Podcast erwähnt, um die Rolle von Gerechtigkeit im Liberalismus zu diskutieren.
Elif Özmen: Liberalismus

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app