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

___

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.

Avsnitt(465)

Winston Churchill | A Man of Destiny (Republish of Part 1 & 2)

Winston Churchill | A Man of Destiny (Republish of Part 1 & 2)

During the summer break, the 15-Minute History podcast team are republishing some of their favorite episodes. Both episodes 1 & 2 of the podcasts on Winston Churchill originally aired in late March of...

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Pop Quiz | The Divided States of America?

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“A Thousand Wills” | The Russian Revolution (Republish)

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Pop Quiz | Unrest in the United Kingdom

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Che Guevara | Symbol of Revolution (Republish)

Che Guevara | Symbol of Revolution (Republish)

During the summer break, the 15-Minute History podcast team are republishing some of their favorite episodes. This episode and discussion on Che Guevara originally aired on March 7, 2022. __ Join us a...

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Pop Quiz | Rent Controls

Pop Quiz | Rent Controls

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Fyodor Dostoyevsky | The Darker the Night, the Brighter the Light (Republish)

Fyodor Dostoyevsky | The Darker the Night, the Brighter the Light (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 November 15, 2021. ___ He lo...

19 Aug 202438min

Pop Quiz | Executive Orders

Pop Quiz | Executive Orders

Welcome to the Pop Quiz! During the summer break, the team still wanted to bring you, our awesome audience, some new content. Every Thursday, one of the hosts will ask the other a question about histo...

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