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The Core Curriculum

A 1765 de l’Isle de Globe, Minnesota Historical Society.

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Adam Smith’s 18th century was a period of intense globalization, not unlike our own, due in large part to modern advancements in seafaring.  The reader of The Wealth of Nations will be struck by how frequently Smith returns to the discussion of seas and of oceans.  Much of Smith’s support of liberal-commercialist forms of political economy turns on the interconnections between different productive nations each with distinct comparative advantages or economies of scale.


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