
Theory & Philosophy Adam Smith's "The Wealth of Nations" (Part 2/4)
May 1, 2021
This podcast discusses Adam Smith's 'The Wealth of Nations' in books 2 and 3, covering topics such as the nature and employment of stock, the forms and role of capital for profit, the value of money and gold, the distinction between productive and unproductive labor, and the relationship between capital, trade, and agriculture.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 4min
Understanding the Forms and Role of Capital for Profit
04:25 • 3min
The Value of Money and Gold: From Paper to Credit
07:31 • 7min
The Distinction Between Productive and Unproductive Labor
14:20 • 2min
Capital, Trade, and Agriculture: A Path to Wealth and Prosperity
16:39 • 9min
