By Andre Gunder Frank
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Blaney and Naeem Inayatullah, “The Savage Smith and the Temporal Walls of Capitalism,” retrieved as PDF file, December 1, 2007. Also available in Classical Theory in International Relations, ed. Jahn Beate (Cambridge: Cambridge University Press, 2006), p. 151. Smith, The Wealth of Nations, p. lx. 30 civilizing the economy: a new economics of provision This passage, like others we have reviewed, demonstrates again that abstract theory could easily override actual facts in The Wealth of Nations. Many Native Americans were actually doing quite well before the European invasion.
As Aristotle said, we only deliberate about what could be different. Although the Enlightenment taught us much about individual freedom, we have also inherited from Smithian economics and eighteenthcentury theology a kind of fatalism that needs to be suspended, even discarded, so we can become fully engaged in the work of organizing an economy that is sustainable and just. 4 Making provisions in a dangerous world The usefulness of a story or narrative is that it not only makes sense out of the past, but also serves as a framework for moving into the future.
95. html (retrieved on November 4, 2009). adam smith’s silence and an economics of property 21 materials for The Wealth of Nations. Perhaps Arthur Herman best summarizes the importance of these tobacco merchants for Smith: It was by watching the city’s tobacco trade that Adam Smith, professor at the University of Glasgow from 1751 to 1764, made his first real acquaintance with large-scale business enterprise, and with the businessmen who run it. Smith struck up a close acquaintance with John Glassford, who kept him informed of events in America and also took a keen interest in Smith’s progress with his Wealth of Nations.
Latin America: Underdevelopment or Revolution by Andre Gunder Frank
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