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We're back with more #WealthOfNations Book I, Chapter 11! Oh boy! #WealthOfTweets #SmithTweets
If you're a keener, you might have observed yesterday that people need more than just food. Like, say, clothing and shelter. #AdamSmith is ON IT. (I.xi.c.2) #WealthOfTweets #SmithTweets
Before land was improved, there was lots of material for clothing and housing, but not enough food for all the people. Once the land is improved to grow food, clothing and shelter become scarce (and valuable). (I.xi.c.3) #WealthOfTweets #SmithTweets
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