Adam Smith: The Misunderstood Scholar

Season 1, Episode 12,  Jun 16, 2021, 06:15 PM

Happy birthday Adam Smith, the man behind laissez-faire economics and our featured political economist! On today’s economics-focused episode, Max and Jorrel go deep on bartering, the division of labor, and how his laissez-faire ideas can be applied to our modern understanding of our political economy. They also discuss Keynes, our imperfect tax laws, and how Max’s experience re-reading Smith’s writings is like rediscovering repressed sex scenes.