Free Market: The History of an Idea (with Jacob Soll)
Free Thoughts
00:00
Mercantilism
Smith uses the word mercantile system to describe any government run by merchants and businessmen. Smith doesn't like that for a whole bunch of moral and social and economic reasons. So when you say, why does Smith get so popular? I think it's because he lends himself to so many different kinds of thought.
Transcript
Play full episode
