Episode 28 - The Wealth of Nations 1.6 - Component Parts of Price

03.23.2018 - By Okay, Let Me Tell You Why You're Wrong: A Podcast for Understanding Economics

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We're celebrating our one year anniversary by covering Adam Smith's The Wealth of Nations Book 1 Chapter 6: Of the Component Parts of the Price of Commodities. We examine Smith's analysis of the factors that go into determining the price of things and find time to bag on the subject of sociology.

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