Naia Pard's Reviews > Wealth of Nations

Wealth of Nations by Adam Smith
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it was amazing
bookshelves: classics, economics, non-fiction

"Every tax, however, is to the person who pays it, a badge not of slavery, but of liberty. It denotes that he is subject to government, indeed; but that, as he has some property, he cannot himself be the property of a master." p.857 Madams et Messieurs, Adam Smith, the father of capitalism.

The first thing that intrigued me about this book (besides being the test of intelligence in one of the episodes of Killing Eve-seriously, at one point, Villanelle was disguised and the man in which home she infiltrated, tested her truth about having graduated with a diploma in philosophy/economics/social studies by asking her if she recognized “that book”—on the shelf was a penguin edition of An Inquiry into the Nature and Causes of the Wealth of Nationsy Adam Smith)

So, the first thing that intrigued me, aside from that little tidbit between brackets, was that it was published a few amounts before the US gained its independence. It was published in the spring of 1776. Imagine me reading a book in which the author kept referring to the USA as “our colonies” and me being: “oh, you got a thing or two coming your way”.

Do not imagine that by reading this book you are on your way towards Wall Street. It is more of a contemplative work, than a 101 guide to your financial brake trough.

The author does relay of his age`s statistics when making arguments, but “in that rude state” in which they found themselves (in comparison to us) things could only be of a basic nature. There was no bitcoin to throw around and make the trade even more complex than it already was. At that time, the rave was about CORN.
Yes. Corn.
I wouldn`t have guessed that corn meant so much for the eighteenth century. It was the material against which gold and silver was valued. If I were to sart a historical fiction, I know in what my character would invest.
However, it is surprisingly actual in some regards. Like the passages about taxes or rent. He explains the basics of it, and you can see how they would be applied in our age, too. Or why the soft power (diplomatic agreements) matters so much for the well being-the economical fairing of a country.
You would thing that you already knew a lot of the things presented, but often times I found myself ending a chapter and be like “huh. I guess, now I know why the world seems so f**** up”.

” The pretence that corporations are necessary for the better government of the trade, is whitout any foundation. p.135”

The voice of the narrator is down to Earth. He is poised and in the most parts he is not ready to razzle dazzle you with how much he knows over you and how you must be ever so grateful for having read him. Not like others (I am looking at you, Rousseau Jean-Jacques 1712-1778).

”The hog, that finds his food among ordure, and greedily devours many things rejected by every other useful animal, is, like poultry, originally kept as a save-all.”


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Reading Progress

November 10, 2019 – Shelved
November 10, 2019 – Shelved as: to-read
August 18, 2020 – Started Reading
August 18, 2020 –
page 216
21.43%
August 18, 2020 –
page 231
22.92% ""The hog, that finds his food among ordure, and greedily devours many things rejected by every other useful animal, is, like poultry originally kept as a save-all""
August 18, 2020 –
page 310
30.75% "we are going very well, thank nk you"
August 23, 2020 –
page 400
39.68%
September 10, 2020 –
page 538
53.37% "You wouldn't believe how much corn talk the 18C's economy entails"
September 11, 2020 –
page 600
59.52% "he is talking about COLONIES
IN SPRING 1776"
September 15, 2020 –
page 708
70.24% ""Men who have no property, can injure one another only in their persons or reputations.""
September 17, 2020 –
page 762
75.6% ""The discipline of colleges and universities is in general contrived, not for the benefit of the students, but for the interest, or, more properly speaking, for the ease of the masters.""
September 18, 2020 –
page 871
86.41% ""Consumable commodities are either necessaries or luxuries""
September 20, 2020 –
page 911
90.38% ""A passion for cock-fighting has ruined many.""
September 22, 2020 – Shelved as: classics
September 22, 2020 – Shelved as: economics
September 22, 2020 – Shelved as: non-fiction
September 22, 2020 – Finished Reading

Comments Showing 1-1 of 1 (1 new)

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message 1: by Yahaya (new) - added it

Yahaya Aluke I love your review, it was really fun and entertaining to read.


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