Episode #049 ... Adam Smith pt. 2 - The Tip of the Iceberg of Wealth
Philosophize This!
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Imports and Exports - It's Not Tinfoil Hatworthy at All
The 15 hundred version of the by american thing, and it's taken to the absolute extreme. Like if it was even possible for you to make something or buy something dome ay back then, the governments didn't want you importing it. Because by importing it and buying it from another country,. You're sending our gold to that country. They thought, why would we ever want that? So they decided to limit imports and encourage exports. Well, the people at the top level of government knew this could only be done to a certain extent. The other half of this is that the geo political climate in europe during this period in history is extremely volat like more than ever before in the
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