3min chapter

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527. Can Adam Smith Fix Our Economy?

Freakonomics Radio

CHAPTER

Is the East India Company Propaganda?

In 1765 after years of expansion and war the East India Company signed a treaty with India's mobile emperor that allowed the company to collect taxes from some of the richest parts of India. Back in England meanwhile there had been a long period of civil war and then a merger with Scotland all of which generated political chaos. Some of these pamphlets, as Atal writes, were written by men who were at once company employees, theorists of economic policy, and occasional advisors to government committees crafting trade regulations.

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