SOCB42H3 Lecture : Lecture 2
Document Summary
Scotland: scottish light: writing, teaching: highpoint in academia and intellect in scotland, enlightenment: possible to use reason to understand the world and guidance in a better way. Norm of a lecture: give latin lectures (divide the educated from the non-educated: he taught in english. Ideas of what is good and what is right. Boredom: thinking about new subject matter economics the wealth of nations 1776. An inquiry into the nature and causes of the wealth of nations . Nature of wealth: page 2 what it means to be rich. 2 alternatives: y natural resources (oil, gold, copper, etc. ) y stored treasure (cash) for him: wealth consist of gnp (gross national product)/capita y producing many goods and services y wealth is dependent on conditions which allow humans productivity to flourish. Causes of wealth: how to get rich. natural resources: take over nations that have the resources.
