Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ninenot; Racehorse; CSM; Toddsterpatriot
Book Four, Chapter Two.
Not a surprise that PJB got it right, by the way...
Homework assignment, Rudeboy--you're still in grad school, right? OK. Disprove Smith.

"Disprove" Smith? I embrace him, especially the following from Book Four, Chapter Two (say, isn't that what you claim to have read?):

It is the maxim of every prudent master of a family never to attempt to make at home what it will cost him more to make than to buy. . . .
What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry employed in a way in which we have some advantage.

274 posted on 04/19/2005 9:01:00 AM PDT by 1rudeboy
[ Post Reply | Private Reply | To 161 | View Replies ]


To: 1rudeboy

Good start.

Keep reading. You'll eventually get to the right part.


283 posted on 04/19/2005 9:25:51 AM PDT by ninenot (Minister of Membership, TomasTorquemadaGentlemen'sClub)
[ Post Reply | Private Reply | To 274 | View Replies ]

To: 1rudeboy
Disprove" Smith? I embrace him, especially the following from Book Four, Chapter Two (say, isn't that what you claim to have read?):

Oh, crude.  You neither embrace nor have read that chapter.  Had you read it you would be arguing something quite different.  It is more than okay to claim I do not understand what I have read.  There is always the chance I may not have understood it.  That does happen.  But first, you must read the material.

What does Smith say about tariffs?

304 posted on 04/19/2005 11:32:03 AM PDT by Racehorse (Where your treasure is, there will your heart be also.)
[ Post Reply | Private Reply | To 274 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson