The Gap in Adam Smith’s doctrine

Posted by

Why Profit Need Not Be Wealth-Creating.  The flaw in Adam Smith’s arguments.

How National Economies Really Grow.  The alternative system of Friedrich List, who recognised that real economics depends on nation-states.

Adam Smith’s Friends and the birth of Conspiracy Theory.  His connections to several influential individuals, including James Watt and John Robison.  Robison believed in a conspiracy of Freemasons behind the French Revolution.  He had nothing to say about Jews, but the notion later evolved into anti-Semitic fantasies like the Protocols of the Elders of Zion.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s