MMW 14 Lecture Notes - Lecture 6: Scottish Enlightenment, Polymath, Wonton
3 Jun 2020
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A product of the so-called scottish enlightenment a) (1) distant from traditions binding cambridge, etc. (2) renaissance man (like emilie du ch telet) (3) notoriously absent minded (i. e. parade story: a modern philosopher/ psychologist/ historian/ sociologist par excellence. Inconveniences of genius: 1776 publication of an inquiry into the nature and causes of the. 3: benefits industry can bring to society, e. g. of the worker"s woolen coat (1) heilbroner p. 62- woolen coat theory; constellation of craftsman to make. Industry as a means towards realizing a more prosperous and equitable society: the fingers of that invisible hand - self regulated. The law of competition: the law of natural pricing. The means to accumulation of wealth: the division of labor, offered the greatest increase in the productivity of industry a) If everything improves, does anything? a: feedback loop ends when you run out of economic space, expected england"s loop to reach 200 years and end but discovered empire.
