Wealth of nations

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Latest blogosphere posts tagged “Wealth of nations”

  • TWoN Book 3 Chapter 4


    Words Words WordsAuthority Authority: 118
    This very short chapter deals with drawbacks.  I’d have had an easier time of it if I knew what drawbacks are.  Next chapter is about bounties, and the same applies.  As near as I can tell, a drawback is a refund of a portion of whatever duty is charged on export. Page 389: “They tend not to overturn that ...
    3 days ago
  • The Burj Dubai


    The ChiefAuthority Authority: 138
    Now thats one hell of an occupational hazard : The Burj Dubai is so tall that Bedouins can see it from their oases 100 kilometers (63 miles) inland and sailors can see it from their supertankers, 50 nautical miles out in the Gulf -- at least on the few winter days when the air is as clear as its portrayed on the ...
    1 week ago
  • A hidden truth about climate change


    Augusta Free PressAuthority Authority: 575
       Column by Riane Eisler Submit guest columns, letters: freepress2@ntelos.net The Copenhagen Climate Change Conference makes evident potential catastrophic effects of climate change, including its enormous economic and human tolls. It also clearly shows how poor nations in Africa, Southeast Asia, Latin ...
    1 week ago
  • TWoN Book 4 Chapter 3


    Words Words WordsAuthority Authority: 118
    In this chapter Smith gets into restrictions on trade in some detail.  In brief, he argues that restricting trade, while not always a mistake, will never be advantageous economically to society as a whole, but at most to certain small sections of it.  He address balance of trade, and makes some interesting points.  ...
    2 weeks ago
  • Flying in Style


    The ChiefAuthority Authority: 138
    Pics of a tricked out Airbus A380 . Next time Im being told by an United Airlines employee to go fuck myself, I will try not think of these.
    2 weeks ago
  • Conservative Calls for More Regulation!!!


    The ChiefAuthority Authority: 138
    Thats not very conservative . MORE : You know, the more I think about this piece, the more I say to myself, "Man, this person seems to be very knowledgable -- almost intimately aquainted -- with the self-banning procedures at the Potawatomi Casino..." It reminded me of this Onion video .
    3 weeks ago
  • TWoN Book 4 Chapter 2


    Words Words WordsAuthority Authority: 118
    Here we begin what seems to be Smith’s major campaign: to prove that anything that restrains trade (with a very few exceptions) is bad for society as a whole.  The difficulty with this proposition appears in the very formulation: society “as a whole” consists of divisions whose interests are opposed to each ...
    3 weeks ago
  • Climate Science Uncertainties Identified in 2001


    Bob McCarty WritesAuthority Authority: 440
    EDITOR’S NOTE: Originally published on this blog March 30, 2007, the post below is republished today in light of recent revelations about fraud and conspiracy among research scientists and others whose work formed much of the basis of calls for extreme climate change regulation.“Adam Smith wrote that ‘Science is ...
    4 weeks ago
  • The Puerto Rican Paul Ryan?


    The ChiefAuthority Authority: 138
    Except Fortuno seems to be actually doing what Paul Ryan keeps talking about ...
    4 weeks ago
  • TWoN Book 4 Chapter 1


    Words Words WordsAuthority Authority: 118
    Page 326: “That wealth consists in money, or in gold and silver, is a popular notion which naturally arises from the double function of money, as the instrument of commerce, as well as the measure of value.”  In fact, according to Smith, wealth of the individual consists in what can be purchased for money, and ...
    4 weeks ago
  • Afghanistan


    The ChiefAuthority Authority: 138
    Its pretty hard to disagree with Ben Smith that Peter Orszags presence in this picture is no minor detail...
    4 weeks ago
  • TWoN Book 3 Chapter 1


    Words Words WordsAuthority Authority: 118
    319: “The great commerce of every civilized society, is that carried between the inhabitants of the town and those of the country.”  Even though this has changed in the sense that this commerce is now a tiny fraction of all commerce, it is still the most fundamental, because without it, nothing else can happen.  ...
    5 weeks ago

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