I will now read Wealth of Nations

I’ve wanted to read this book for a long time, and here I am. I got myself an unabridged single volume, which weighs in at 1000 pages plus another 150 pages of notes and appendices. I don’t mind the length so much, but the bulk of the book makes it unweildy, and the couple of free kindle versions I tried were unsatisfactory. So I’m just going to tough it out with the big book. It’ll be a good warm up for War and Peace, which might be next. Or might not.

So Adam Smith wastes no time getting down to business in Book One and within the first three chapters, 30 pages or so, and he’s already laid out how wealth comes from the division of labor, and how human society breaks itself out into specialized occupations whose outputs are traded for the surplus outputs of other specialists—the butcher trades meat for bread from the baker—and how the scalability of the division of labor depends on the size of the available market, which is pretty much determined by the presence of a waterway. He also discussed the He doesn’t waste any time getting to the point, and so far his points have all been beautifully clear and easily graspable.

I’m looking forward to a long but enjoyable read

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