The Wealth of Nations, by Adam Smith, Part 4

Let’s purchase some peace with more from this foundational work of economics. This time, the fundamentals of supply and demand, the function of profit, and why monopolies are a pretty terrible idea unless you want to pay more for less.

 

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Read “The Wealth of Nations” at Project Gutenberg: https://www.gutenberg.org/ebooks/3300

 

Music: "earth 2 earth,” by PC III, licensed under CC BY

 

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