Adam Smith's Wealth of Nations Episode 6--Division of Land
Failed to add items
Sorry, we are unable to add the item because your shopping cart is already at capacity.
Add to basket failed.
Please try again later
Add to Wish List failed.
Please try again later
Remove from Wish List failed.
Please try again later
Follow podcast failed
Unfollow podcast failed
Adam Smith's Wealth of Nations Episode 6--Division of Land
-
Narrated by:
-
By:
About this listen
Send us a text
We trace how Adam Smith solves a historical puzzle: why Europe’s path to prosperity inverted the “natural order,” and how commerce quietly dissolved feudal power to make room for liberty. The story follows incentives, from primogeniture and entail to charters, free towns, and the market’s “silent and insensible” revolution.
- institutions as congealed preferences and elite incentives
- why Smith’s natural order inverts in Europe
- the physiocrats’ growth model and Smith’s critique
- Solow’s technology vs North’s institutions vs McCloskey’s ideas
- Joel Mokyr's synthesis and improvement (written BEFORE he Nobel'ed!)
- feudal constraints primogeniture and entail suppressing agriculture
- towns as islands of order through charters and fixed rents
- the king–burgher alliance against barons
- merchants as improvers of land and capital risk-takers
- commerce introducing liberty and good government
- Smith’s “most important” passage and its modern relevance
You can follow Mike Munger on Twitter at @mungowitz
No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.