162. Benjamin Friedman — Religion and the Rise of Capitalism
The Michael Shermer Show
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The Wealth of Nations Defending the Consumer Point of View
A thing of the wealth of nations defending the consumer point of view as opposed to the producers point of view. In other words, if we're going to have government policy, favoring producers at the expense of consumers is not the way to increase the wealth of a nation. It's to make it e better for consumers. Whatever ins competition between corporations and therefore breaking up trusts are measures toward increa in the wealth of the nation by whatever measure they used at the time.
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