Adam Smith’s Wealth of Nations (1776 ... He frequently exchanges them for cattle or for venison with his companions; and he finds at last that he can in this manner get more cattle and venison ...

Many people make dubious claims about Adam Smith's beliefs. The usual pattern is to claim that the economist was not really a wicked conservative (true) but a modern progressive (false).

Adam Smith was born in 1723. This year he turns 300. To celebrate, National Review Capital Matters offers the Adam Smith 300 series. An essay on Smith will appear monthly throughout 2023 ...