Today, we’re looking at “The Introduction and Plan of the Work” because although it is New Year’s Day, we, the SmithTweeters, are still Very Serious Smith Scholars. #WealthOfTweets#SmithTweets
TFW you start reading “The Introduction and Plan of the Work” and realize that elevator speeches were invented before elevators. #WealthOfTweets#SmithTweets
How hard people work &how many are working is more important to national wealth than resources &climate. So much for Montesquieu et al saying climate determines levels of industriousness or laziness. (Int. 3) #WealthOfTweets#SmithTweets
We swear we’re going to come back to Smith and this “savage nations” phrase he keeps dropping. We just can’t do it on January 1st. (Int. 4) #WealthOfTweets#SmithTweets
The mystery he wants to solve is why in poorer nations people seem to be working all the time while in wealthier nations they have so much more leisure. How do nations move from one state to another? (Int 4) #WealthOfTweets#SmithTweets
That’s the crucial thing to remember about Wealth of Nations. We aren’t trying to solve the mystery of poverty. Poverty/subsistence is the natural state of humans. We’re trying to solve the mystery of wealth. #WealthOfTweets#SmithTweets
Don’t forget to join us on Monday for Book One, Chapter One of Smith’s Wealth of Nations! #WealthOfTweets#SmithTweets
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