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Episode 55: The Wealth of Nations by Adam Smith book review - Book 1, Chapter 7 Of the Natural and Market Price of Commodities
Life of a vessel
7 minutes 52 seconds
4 years ago
Episode 55: The Wealth of Nations by Adam Smith book review - Book 1, Chapter 7 Of the Natural and Market Price of Commodities
It gets very technical in Chapter 7 of Book 1 as Adam Smith explains the mechanics of the price in response to the market forces including effectual demand, although there was not much jargon so it's a positive note on that regard.
