Category Archives: Adam Smith

CHRISTIANITY IS NOT ABOUT SACRIFICING ONE’S VALUES

In response to WHAT DID AYN RAND THINK OF ALTRUISM?, I got this comment from Sword of Apollo. Ayn Rand understood the issue of altruism vs. egoism in the philosophical sense, which can be put this way: In any given action, what … Continue reading

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WHY SOME PEOPLE CENSURE BAD BEHAVIOR VERY SLIGHTLY NOT AT ALL — PART 2

  This post continues where WHY SOME PEOPLE CENSURE BAD BEHAVIOR VERY SLIGHTLY NOT AT ALL — PART 1 left off. Where did leave off? How do we deal with the fact that some people too enthusiastically push their own … Continue reading

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WHY SOME PEOPLE CENSURE BAD BEHAVIOR VERY SLIGHTLY NOT AT ALL — PART 1

Is Adam Smith‘s The Wealth of Nations relevant today. You be the judge.  In what follows, Smith explains the role that class distinctions play in morality. What is the subject? It is not what you would expect. Smith is speaking “Of the Expence of the … Continue reading

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WHY DO SOME CAPITALISTS SEEK TO SUBVERT THE GENERAL INTEREST OF SOCIETY?

As these excerpts (below) from the conclusion of Chapter 11 of Book 1, Of the Rent of Land demonstrate, much of Adam Smith‘s The Wealth of Nations seeks to understand the motivations of people. In these excerpts, Smith provides his studied conclusion on the motivations of landowners, … Continue reading

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THE FINE ART OF BEGGARING ONE’S APPRENTICE

Since Adam Smith first published The Wealth of Nations in 1776, some things have changed, but human nature remains as it did then.  One thing that remains the same is the nature of monopolies. The price of monopoly is upon every … Continue reading

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