For those who want to avoid the original masterpiece by Adam Smith, O’Rourke has put an interesting alternative together. Smith is world-famous for his division of labor and the invisible hand and he envisioned productivity will bring us all more (not just the one being productive). Smith also understood that the invisible hand, when giving too much freedom, would become greedy, to the disadvantage of us all.
Wealth of nations is about free markets for all (since they lead to the greatest productivity, it is just human nature) and away with governments that are preventing that. He even proposed a tax for civil servants and expected that one to become very popular. Smith was also against slavery, for the economic argument that is. Not a great fan of grant tours for young men and many other interesting details in this book about THE book.
O’Rourke successfully shows there is humor in Smith’s work and adds some to that in his book as well (e.g. America imports everything from China, apart from Golden Retrievers). He ends with a selection of Smith’s aphorisms; it is difficult to choose a favorite from that list....Continua