Episode #049 ... Adam Smith pt. 2 - The Tip of the Iceberg of Wealth

Philosophize This!

Stephen West

Philosophy, Society & Culture, Education

4.8 • 17.1K Ratings

🗓️ 27 January 2015

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this episode of the podcast, we continue our discussion of Adam Smith. First, we look at two towns with the same name on opposite sides of the US-Mexico border, and consider why their residents have such markedly different standards of living. Next, we ask ourselves what determines a nation’s wealth, which leads us to a discussion of Mercantilism and its various pitfalls. Finally, we learn about Adam Smith’s response to Mercantilism and how his ideas relate back to the two cities from the beginning of the episode. All this and more on the latest episode of Philosophize This! Thank you so much for listening! Could never do this without your help. Website: https://www.philosophizethis.org/ Patreon: https://www.patreon.com/philosophizethis Social: Instagram: https://www.instagram.com/philosophizethispodcast X: https://twitter.com/iamstephenwest Facebook: https://www.facebook.com/philosophizethisshow Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	For more information about this or any episode of the podcast, check out the website at
0:04.8	VelocifizeThis.org.
0:06.4	We have additional content, further reading, transcripts of every show, all three, of course.
0:12.2	But if you value the shows and educational resource and you want to help keep it going,
0:15.8	you can find out more about how to do that at patreon.com slash Velocifize This or alternatively,
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0:25.4	It's at the bottom center of the landing page of VelocifizeThis.org.
0:29.6	1% of the show goes back to the show.
0:31.3	It may just be a click for you, but every little bit adds up.
0:34.3	Thank you for wanting to know more today than you did yesterday, and I hope you love the
0:37.7	show.
0:40.4	Today's episode of Velocifize This begins in a very normal city in the southern deserts
0:44.9	of Arizona known as Nogales.
0:47.8	If you walked through the streets of Nogales, Arizona, well, depending on which part of
0:52.3	the city you were walking through, you wouldn't think it looked much different than wherever
0:55.2	you lived currently.
0:56.8	You would see families and houses and children playing, but in this otherwise unassuming city
1:02.6	lies a question.
1:03.6	A question that may be the most fundamental question that we as humans could ever ask about
1:08.5	civilization.
1:10.1	And to the citizens of Nogales, Arizona, it's a question that stares them in the face
	...

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