Episode 174: Adam Smith's "Wealth of Nations" (Part One)

Published: Oct. 16, 2017, 3:54 a.m.

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On the foundational, 1776 text of modern economics. How does the division of labor and our instinct to exchange lead to the growth of wealth? Is the economy sufficiently machine-like to enable us to manipulate its output, or at least to tell us how not to screw it up?

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