mption rather than of human depreciation in pay. And I had those precedents from the 18 century. I knew that Francois Quesnay and the physiocrats, in Adam Smith's time, had argued too that consumption could be recovered in earnings. Mill could be interpreted that way, in his definition of “productive consumptio

poverty. Today, the Chinese economy is the largest in the world based on purchasing power parity. Interestingly, China’s rise had little to do with Adam Smith’s free-market capitalism. While China’s unprecedented economic ascension was indeed fueled by unleashing the energy and the profit-seeking self-interes

abilities are more sophisticated than simply yoking perceptions of the self and other. In the eighteenth century, Scottish philosopher and economist Adam Smith proposed that through imagination, “we place ourselves in his situation... enter as it were into his body, and become in some measure the same person

NIMAL SPECIES -300,000 -WERE BEETLES. I enjoyed Brian Mannix's comment, most especially "Pseven". His argument for cooperation is the same as that of Adam Smith in the Wealth of Nations. Once a medium of exchange is introduced into a system of barter, itself a reciprocal relationship, it can be vastly extende