In this week’s seminar we’ll be looking at an economic idea developed by an eighteenth-century Scotsman that changed course of history. An uncomplicated idea presented through a simple story with history-making implications.
What was the story? And what can this sixteenth-century Scotsman teach both modern-day Peruvian hill tribes and today’s economists?
We’ll see that this idea provides the foundation for the whole field of economics and can be used to help us answer almost all questions related to economics.
Date: Thursday, March 20
Time: 6pm-7pm
Location: Room 040B, Level Zero, Owen G. Glenn, Business School
All welcome.
We look forward to seeing you there.
Are they going to correct the misunderstanding around Adam Smith? ie there is no invisible hand of the market and that appealing to others self-interest is central to a market and not pursuing your own self-interest is not necessarily in societies best interest (although it sometime can be).
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