Search This Blog

Tuesday, March 25, 2014

Enlightenment! Homework for March 25

Read pages 781-784 (stop at the American Revolution).

Then read the following excerpts from Adam Smith's The Wealth of Nations.  Reading #1, Reading #2.  Be prepared to discuss the ideas he puts forth, and remember that they are mind-blowing for the time period, though you may not find them to be so revolutionary...

Some words you may want to look up before you read the selections:
commodity
subsistence
effectual (and effectual demand)

And you are warned: Adam Smith was a pretty smart guy, so don't expect that he's going to talk down to you as he explains his concept!

No comments:

Post a Comment