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Revisiting the "father of capitalism"
The Gray Area with Sean Illing
Smith: Maximizing Profit or Human Welfare?
A good measure of national wealth was how readily available, how plentiful, and how cheap basic necessities are. So he really cared about whether you have enough food to live on and to survive,. not just survive, but actually live a meaningful life. He also says that there are certain kinds of goods that we might consider superfluous or maybe more than basic like a linen shirt.
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