The Smith Conversations 1 of 5 – Smith on Inequality

[Other] In this talk we will ask why it is that in a world of unparalleled production capabilities, people do not feel the opulence On 9th March 1776, Adam Smith’s Wealth of Nations was published in London. When he was writing, he was one of many brilliant people in Scotland whose arguments and debates shaped the progress of knowledge. He could test his ideas in conversations at supper clubs across Edinburgh. In that spirit, the Library of Mistakes is holding five conversations between 9th and 13th March, all of them starting at 6.30 p.m. They’ll be on topics which mattered to Smith, but there’ll be no looking back. These conversations will be about why Smith’s concerns still matter. And they’ll look forward, exploring what we should be doing now. Smith on Inequality Income and wealth are a good place for the discussion to start. To explain where income and wealth come from – and where they end up – Adam Smith talked about why it is that people put different values on goods and how those value