We're back with The Wealth of Nations Book 1 Chapter 9: Of the Profits of Stock, where we learn what Adam Smith has to say about how profit is derived and how profit ties in with interest and wages.

Episode 34 - The Wealth of Nations 1.9 - Profits of Stock

This is a podcast for Understanding Economics.  I, and a guest with a background in economics sift through the issues being discussed and present them as Economists would, without all the hype and hyperbole.

Education

This is a podcast for Understanding Economics. I, and a guest with a background in economics sift through the issues being discussed and present them as Economists would, without all the hype and hyperbole.

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Episode 34 - The Wealth of Nations 1.9 - Profits of Stock

Episode 34 - The Wealth of Nations 1.9 - Profits of Stock