Free Market: The History of an Idea (with Jacob Soll)
Free Thoughts
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.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
