Episode #049 ... Adam Smith pt. 2 - The Tip of the Iceberg of Wealth

Published: Jan. 27, 2015, 4:21 a.m.

On this episode of the podcast, we continue our discussion of Adam Smith. First, we look at two towns with the same name on opposite sides of the US-Mexico border, and consider why their residents have such markedly different standards of living. Next, we ask ourselves what determines a nation\u2019s wealth, which leads us to a discussion of Mercantilism and its various pitfalls. Finally, we learn about Adam Smith\u2019s response to Mercantilism and how his ideas relate back to the two cities from the beginning of the episode. All this and more on the latest episode of Philosophize This!\n\nThank you so much for listening! Could never do this without your help.\xa0\n\nWebsite: https://www.philosophizethis.org/\nPatreon: https://www.patreon.com/philosophizethis\xa0\n\nSocial:\nInstagram: https://www.instagram.com/philosophizethispodcast\nX: https://twitter.com/iamstephenwest\nFacebook: https://www.facebook.com/philosophizethisshow