Saturday, May 23, 2026

Economics

** Note: The subject matter here is mundane, but the opinion I hold is the first of its kind. No one, I have ever seen at least, has ever said this: 

Adam Smith was not all that. He is the oldest author to write anything remotely establishing of the idea of economics, but his book is sort of a Old Farmer's Almanac of prices and hay-pennies. The Wealth of Nations is not profound, despite anything anybody tells you. Having audiobooked it, I can honestly say all I got out of it was the word hay-penny. (I believe it means half-pence.) 

In economics proper, two economists will shake hands before exchanging barbs and witticisms by first denoting their awe of The Wealth of Nations. I find this practice to be frivolous and disingenuous. 

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