Adam Smith | Self-Interest, Division of Labor, and the Invisible Hand (Republish)
15-Minute History29 Heinä 2024

Adam Smith | Self-Interest, Division of Labor, and the Invisible Hand (Republish)

During the summer break, the 15-Minute History podcast team are republishing some of their favorite episodes. This episode and discussion on Adam Smith originally aired on April 18, 2022.

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This season we have been covering individuals who have had a direct effect on history, in a positive or negative way. Adam Smith is one of those. He is called the “father of modern economics” and “the creator of capitalism”. Rather than walk you through a summary of his life, we will attempt to summarize the possible influences that formed three major concepts which exist in his later and final work, the Wealth of Nations, namely the appropriation of Self-Interest, Division of Labor, and the “The Invisible Hand”, thereby showing the linear deduction of each, and how that logic reflects in Adam Smith’s moral philosophy.

With the presentation of these three ideas, it's our hope that you will make your own deductions regarding what kind of man he was and whether his effect on history was a positive one.

Jaksot(449)

Tariffs, Tariffs Everywhere | A Discussion on the Intricacies of Global Trade

Tariffs, Tariffs Everywhere | A Discussion on the Intricacies of Global Trade

Join us this week as Joe and I delve into the political, social, and (of course) economic consequences of tariffs. We stay away from the politics--mostly--and try to hone in on the fact that every eco...

21 Huhti 202534min

Sketches in History | Impossible Escape

Sketches in History | Impossible Escape

The 15-Minute History Podcast team brings you a new segment, just for kids, called Sketches in History, where history isn’t just a story—it’s an adventure. Join Lottie Archer as she dives into her ext...

17 Huhti 20257min

Tariffs, Tariffs Everywhere | The Intricacies of Global Trade

Tariffs, Tariffs Everywhere | The Intricacies of Global Trade

We're back from our spring break a week early! This episode is a timely overview of tariffs--taxes on imported goods--from a historical perspective. We will not get into the political aspects of the c...

14 Huhti 202516min

Pop Quiz | Yalta (and a "What If?")

Pop Quiz | Yalta (and a "What If?")

This week, Joe comes awfully close to asking a "what if" question (and getting a shoe thrown at him)! Join us as we discuss historical perspectives on the Yalta Conference at the end of World War Two ...

10 Huhti 20257min

Caesar Augustus | From Clay to Marble (Republish)

Caesar Augustus | From Clay to Marble (Republish)

During the next few weeks, the 15-History Podcast team is taking a break and bringing you some of their favorite previous episodes. This episode originally aired on November 1, 2021._______The old man...

7 Huhti 202516min

Sketches in History | A Discovery in the Sand

Sketches in History | A Discovery in the Sand

The 15-Minute History Podcast team brings you a new segment, just for kids, called Sketches in History, where history isn’t just a story—it’s an adventure. Join Lottie Archer as she dives into her ext...

3 Huhti 20258min

Genius | Michelangelo Buonarroti (Republish)

Genius | Michelangelo Buonarroti (Republish)

During the next few weeks, the 15-History Podcast team is taking a break and bringing you some of their favorite previous episodes. This episode originally aired on November 16, 2020. Join us as we te...

31 Maalis 202512min

Pop Quiz | Blurring the Lines

Pop Quiz | Blurring the Lines

This week, Jon got to ask Joe about the morality of a military attacking civilian targets in war. His answer was very thought-provoking!

27 Maalis 20257min

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