Adam Smith | Self-Interest, Division of Labor, and the Invisible Hand (Republish)

Adam Smith | Self-Interest, Division of Labor, and the Invisible Hand (Republish)

During the summer break, the 15-Minute History podcast team are republishing some of their favorite episodes. This episode and discussion on Adam Smith originally aired on April 18, 2022.

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This season we have been covering individuals who have had a direct effect on history, in a positive or negative way. Adam Smith is one of those. He is called the “father of modern economics” and “the creator of capitalism”. Rather than walk you through a summary of his life, we will attempt to summarize the possible influences that formed three major concepts which exist in his later and final work, the Wealth of Nations, namely the appropriation of Self-Interest, Division of Labor, and the “The Invisible Hand”, thereby showing the linear deduction of each, and how that logic reflects in Adam Smith’s moral philosophy.

With the presentation of these three ideas, it's our hope that you will make your own deductions regarding what kind of man he was and whether his effect on history was a positive one.

Episoder(398)

The American Civil War, Part 1 | War is Glory

The American Civil War, Part 1 | War is Glory

The streets of Washington buzzed with the news. Now seven states had seceded from the Union, and the country stood on the brink. The White House saw streams of officials entering and leaving as the president summoned the Cabinet and members of Congress to find a solution to the country's plight. Most believed that his inaction the previous December had led to this moment, while others pointed to the results of the election as the breaking point. Regardless of who was to blame, something had to be done. Federal troops in Fort Sumter were in a precarious position and calling for aid. A ship had been dispatched to resupply them but could not land its cargo because of fire from rebel batteries. As he sat in his office on the second floor of the White House, the President of the United States knew that he could not reunite the country. His term would end at noon the following day. His successor, whose election had precipitated the great crisis of the Union, would now have to solve it. Join us in the first of a two-part episode where we teach you about the American Civil War and its effect on our history.    Access this transcript at www.15minutehistorypodcast.org and please leave us a review wherever you listen to this podcast.

1 Mar 202117min

The American Civil War, Part 1 | A Discussion on War is Glory

The American Civil War, Part 1 | A Discussion on War is Glory

Join us as we discuss the beginnings of the American Civil War, the vile and evil institution of slavery, and the beginning of the bloody process by which it was finally brought to an end.

1 Mar 202138min

Thomas Crapper | A Brief History of Plumbing

Thomas Crapper | A Brief History of Plumbing

The concept of moving water from one place to the other has been on the minds of humans since their creation. Conversely, the desire to move soiled water away automatically has – at times – been considered equally important. The means by which this could be done has evolved as civilizations have come and gone. In all of them, a basic pattern emerged in plumbing conception and construction: the path, the pipe, and the seal. Join us as we teach you a brief history of plumbing, its evolution through the ages, and the influence of Thomas Crapper on plumbing technology and sanitation practices.  Access this transcript at www.15minutehistorypodcast.org and please leave us a review wherever you listen to this podcast.

22 Feb 202114min

Thomas Crapper | A Discussion on the Brief History of Plumbing

Thomas Crapper | A Discussion on the Brief History of Plumbing

Join us as we discuss the history of plumbing, the influence of Thomas Crapper, and the legacy of the pipe, the path, and the seal.

22 Feb 202117min

Romanticism | From Enlightenment to Emotion

Romanticism | From Enlightenment to Emotion

It is very common throughout history to see periods of great innovation and artistic expression follow times of great turmoil and death. The Napoleonic Wars (1803-1815) were some of the worst years in the history of Europe, and in their wake, many artists, writers, philosophers, and common people took stock of what they had just endured.   Join us as we teach you about the age of Romanticism and its effect on culture, art, and the sciences.    Access this transcript at www.15minutehistorypodcast.org and please leave us a review wherever you listen to this podcast.

15 Feb 202116min

Romanticism | A Discussion on Enlightenment to Emotion

Romanticism | A Discussion on Enlightenment to Emotion

Join us as we discuss the age of Romanticism and its effect on culture, art, and the sciences.

15 Feb 202124min

The Rise and Fall of Napoleon Bonaparte | "The Enlightenment on Horseback"

The Rise and Fall of Napoleon Bonaparte | "The Enlightenment on Horseback"

"At the turn of the 18th century, the greatest nations in Europe, separated by only 21 miles of water, offered two distinct ideologies that would shape the new century. In England, there was democratic, constitutional monarchy; in France, the cataclysm of revolution had dragged the absolute King from the throne and replaced him with the Mob. Out of the maelstrom emerged a military leader, Napoleon Bonaparte, commander of the revolutionary army, who went on to conquer Italy and Egypt before returning to Paris to proclaim himself Emperor. As Napoleon gained power in France, the world stood on the brink of total war. For out of the furnace of the Napoleonic Wars, the modern world was born." — Robert Harvey, The War of Wars, 2006 — Join us as we teach you about the rise and fall of Napoleon Bonaparte, his effect on France and Europe, and the enduring legacy of his reign and influence. Access this transcript at www.15minutehistorypodcast.org and please leave us a review wherever you listen to this podcast. It really does help!

21 Des 202033min

The Rise and Fall of Napoleon Bonaparte | A Discussion on "The Enlightenment on Horseback"

The Rise and Fall of Napoleon Bonaparte | A Discussion on "The Enlightenment on Horseback"

Join us as we discuss the rise and fall of Napoleon Bonaparte, his effect on France and Europe, and the enduring legacy of his reign and influence.

21 Des 202042min

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