"God-like existence!"

  ........................

  Mushroom house here.

  After Huang Xiaochu finished speaking, Mr. He next to him said: "The Wealth of Nations is divided into five volumes. It starts from labor, the source of national wealth, the division of labor by means of increasing labor productivity, the exchange due to the division of labor, and the medium of exchange. money, and then the prices of commodities and their constituents wages, rent, and profits."

  "The first volume, the main content is to analyze the reasons for the formation and improvement of labor productivity, and to analyze the principles of national wealth distribution." "The second volume, the main content is to discuss the nature and accumulation of capital, and analyze how the demand for labor depends on the the nature of the work.”

  "The third volume, the main content is to introduce the reasons for the relatively common policy of attaching importance to urban industry and commerce and despising agriculture at that time."

  "Volume IV, the main content is to list and analyze various economic theories of different countries at different stages."

  "Volume [-], the main content is to analyze the way the state's revenue is used, whether it serves the whole people or only a few people, and if there are many kinds of expenditure items to serve the whole people, what are the advantages and disadvantages of each. Why do contemporary governments have deficits and national debts, The impact of these deficits and national debt on real wealth and so on.”

  That's it.

  Teacher He raised his head and saw that everyone was blank.

  no way.

  Most of economics is theoretical knowledge, which is really boring.

  even.

  For most audiences, if it wasn't for Huang Xiaochu and Teacher He popularizing it, they would have no idea what kind of economics book "The Wealth of Nations" is.

  As the so-called layman watches the fun, the expert watches the doorway.

  Only those who really understand economics know what Ye Tian's book really means.

  That was the great economics book called the first system.

  The first publication of The Wealth of Nations marked the birth of economics as an independent discipline, which played an important role in promoting the development of capitalist society.

  "There is always a sense of ignorance."

  Peng Peng said with emotion: "Although I don't understand it, I really think it's amazing."

  Everyone nodded.

  This is true.

  Although I don't quite understand what Teacher He and Huang Xiaochu are talking about, just listening to the various terms makes me feel very powerful.

  Hearing this, Teacher He laughed and said to everyone: "At that time, everyone agreed that Adam Smith was the founder of a new discipline: political economy. Adam Smith became famous because of this, and was known as a knowledgeable genius. It is said that many dignitaries in the English government at that time were proud to be Smith's disciples."

  Huang Xiaochu added on the side: "At that time, when the British Parliament debated or discussed draft laws, MPs often quoted the text of "The Wealth of Nations", and once cited, most of the opponents no longer refuted it..."

  Awesome!

  Right now!

  There were only these two words left in the minds of the audience in the entire live broadcast room.

  "Most importantly, the views of the ancestors in the book against government interference in business and commercial affairs and in favor of low tariffs and free trade had a decisive impact on government policy throughout the nineteenth century."

  Huang Xiaochu said calmly: "Actually, I think, even now, this book has a great influence."

  obviously,

  He is a fan of Ye Tian.

  "Okay, let's go on, I've become a fairy."

  Ye Tian waved his hand: "Hurry up and pack up and go to the ground to work."

  !!!

  !!!

  Everyone was speechless.

  Obviously a very serious topic, but being interrupted by the old man, everyone has a strange feeling.

  But have to say.

  There are really too many surprises for the ancestors of Ye Tian.

  ………………

  Everyone in the mushroom house will go down to the fields together.

  In the audience of the live broadcast room.

  Someone spread the news that Ye Tian was Adam Smith, the author of The Wealth of Nations.

  all of a sudden.

  Weibo became lively.

  at the beginning,

  The news didn't spark much debate.

  After all, Adam Smith is a foreign name for most people.

  Even though the news that Ye Tian had a foreign vest was interesting, everyone didn't care too much.

  The ancestors have so many industries abroad, it is normal to have a foreign name.

  But as the information of "The Wealth of Nations" is constantly being picked up, netizens are dumbfounded!

  This Nima!

  This is simply a god!

  In the book, the ancestors abandoned many misconceptions of the past.

  Refusal of the old merchandising doctrine.

  This theory one-sidedly emphasizes the importance of a large amount of gold coins in national reserves.

  He rejected the Physiocrats' view that land was the main source of value, and raised the fundamental importance of labor.

  The division of labor theory proposed by Ye Tian, ​​on the other hand, emphasized the massive increase in production caused by the division of labor, and attacked a set of decadent and arbitrary political restrictions that hindered industrial development.

  simply put.

  The central idea of ​​The Wealth of Nations is that the seemingly disorganized free market is actually a self-adjusting mechanism that automatically tends to produce the quantities of goods that society most desperately needs.

  In Ye Tian's words, everyone just wants to get their own interests, but it seems "to be led by an invisible hand to achieve a purpose that he has no intention of achieving...they promote the interests of society, and their effect is often better than that of them." What they really want to achieve is even better.”

  Even in The Wealth of Nations, Ye Tian foresaw Malthusian view of overpopulation to a certain extent.

  Sure enough, I don't know if I don't see it, I was startled when I saw it.

  Many netizens looked at the various information searched.

  I felt instantly,

  The old ancestors are so awesome!

  And this time.

  Mushroom house here,

  We have another guest...

  

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