Today we start the last book of #AdamSmith's #WealthOfNations.
Allons-y!
#WealthOfTweets #SmithTweets
We SmithTweeters boldly support smaller & fewer wars. (V.i.a.5) #WealthOfTweets #SmithTweets
Leave your loom? There's no loom-fairy to do your weaving. With no weaving, you don’t make money.
(We know there's no field-fairy, work with us.)
If you want soldiers, you have to pay them. (V.i.a.9) #WealthOfTweets #SmithTweets
The more developed a society, the fewer inhabitants are willing or able to go to war. (V.i.a.10–11) #WealthOfTweets #SmithTweets
The first gives you a militia, the second, a standing army. (V.i.a.16–19) #WealthOfTweets #SmithTweets
*American SmithTweeting contingent whistles Yankee Doodle in upstart colonial*
(V.i.a.23–25) #WealthOfTweets #SmithTweets
There were a lot of them. (V.i.a.29–38) #WealthOfTweets #SmithTweets
https://t.co/40ylHzfS6v
We have to pause now, because we have to have a whole new tweet thread on #AdamSmith and \u201csavage nations,\u201d because he\u2019s going to keep using this kind of phrase, so we need to talk about it. #WealthOfTweets #SmithTweets
— @AdamSmithWorks (@adamsmithworks) January 4, 2021
So, weirdly, a standing army can→more liberty. (V.i.a.41) #WealthOfTweets #SmithTweets
More from @AdamSmithWorks
The great thing about #AdamSmith is that when he's about to go off on a 65 page tangent, he warns you. Humans, we bring you the DIGRESSIONS ON SILVER! #OhLawdHeComin #WealthOfTweets
Oh King Edward III, it’s adorable that you think you can just decree that servants and laborers become permanently content with wages fixed at the rate they were at five years ago. https://t.co/NtOmttquJ3 (I.xi.e.2) #WealthOfTweets #SmithTweets
He’s already digressing, and he can’t take a minute to share the menu from that famously magnificent feast with us? (I.xi.e.4–5) #WealthOfTweets #SmithTweets
Super Important 18thC Vocab Geekery: When Smith says the price of the quarter of wheat wasn't “supposed to be < 4 oz silver” he doesn’t mean “shouldn't be.” He means “wasn't thought to be.” He’s not approving of fixed prices. (I.xi.e.7) #WealthOfTweets #SmithTweets
So. Many. Wheat. Prices. (But really, Smith is talking about how much wheat it takes to buy a quantity of silver, NOT how much silver it takes to buy a quantity of wheat.) (I.xi.e.1–14) #WealthOfTweets #SmithTweets
Oh King Edward III, it’s adorable that you think you can just decree that servants and laborers become permanently content with wages fixed at the rate they were at five years ago. https://t.co/NtOmttquJ3 (I.xi.e.2) #WealthOfTweets #SmithTweets
He’s already digressing, and he can’t take a minute to share the menu from that famously magnificent feast with us? (I.xi.e.4–5) #WealthOfTweets #SmithTweets
Super Important 18thC Vocab Geekery: When Smith says the price of the quarter of wheat wasn't “supposed to be < 4 oz silver” he doesn’t mean “shouldn't be.” He means “wasn't thought to be.” He’s not approving of fixed prices. (I.xi.e.7) #WealthOfTweets #SmithTweets
So. Many. Wheat. Prices. (But really, Smith is talking about how much wheat it takes to buy a quantity of silver, NOT how much silver it takes to buy a quantity of wheat.) (I.xi.e.1–14) #WealthOfTweets #SmithTweets