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

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.

___

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.

Episoder(462)

Pop Quiz | Remember the California Wildfires?

Pop Quiz | Remember the California Wildfires?

Remember the California Wildfires? Most of us watched the footage, maybe donated to the cause, and moved on. But what happened after the cameras left? Are the homes rebuilt? Why are permits nearly imp...

12 Mar 4min

Temptations of Power | A Discussion on Presidential Scandals

Temptations of Power | A Discussion on Presidential Scandals

The modern presidency's power is beyond anything our founders could have dreamed. Its limits often seem ill-defined, as are efforts to hold elected officials accountable for their actions. So what can...

9 Mar 26min

Pop Quiz | Taiwan

Pop Quiz | Taiwan

What happens when a powerful nation attacks a long-standing rival? No, we aren't talking about the United States and Iran (though that conversation is coming). What would happen if China tried to reta...

5 Mar 7min

Temptations of Power | Scandals in the American Presidency

Temptations of Power | Scandals in the American Presidency

Americans love a scandal, especially when it involves those in power. In this episode, we take a look at three of the most scandal-ridden presidencies in American history (none of which involve living...

2 Mar 17min

Sketches in History | Marching for Progress

Sketches in History | Marching for Progress

Welcome back to Sketches in History! This segment, just for kids, shows that history isn't just a story; it's an adventure. Join Lottie Archer as she dives into her extraordinary notebook, where sketc...

26 Feb 19min

The Grey Ghost | The USS Enterprise (Repost)

The Grey Ghost | The USS Enterprise (Repost)

By popular demand, the 15-Minute History team is re-airing one of our most popular episodes. This originally aired on April 8th, 2019. New episode next Monday, March 2nd. ____The name “Enterprise” is ...

23 Feb 15min

Pop Quiz | Steve Jobs

Pop Quiz | Steve Jobs

Walter Isaacson's biography paints Steve Jobs as a visionary genius. But was Jobs truly the inventor and designer he's often portrayed as?In this pop quiz, we talk Steve Jobs's leadership style, his c...

19 Feb 6min

Changing the Constitution | A Discussion on the Progressive Amendments

Changing the Constitution | A Discussion on the Progressive Amendments

This discussion covers the four progressive amendments and how each changed Americans' relationship with their government. Joe and I also delve into some broader topics about constitutional changes an...

16 Feb 43min

Populært innen Historie

rss-dette-ma-aldri-skje-igjen
henrettelsespodden
rss-katastrofe
historier-som-endret-norge
rss-benadet
historier-som-endret-verden
sektledere
aftenposten-historie
rss-nadelose-nordmenn-gestapo
rss-frontkjemperne
rss-strid-de-norske-borgerkrigene
med-egne-oyne
rss-gamle-greier
historiepodden
vare-historier
liberal-halvtime
rss-politisk-preik
rss-historiepodden-ww2
rss-historiske-romanser-svik-drap-og-kjarlighet
rss-alt-var-bedre-for