Adam Smith's Thoughts on the British Empire

Kristian Niemietz echoes the words of Adam Smith, challenging the notion that Britain's prosperity was solely built on Empire. Dive into his thought-provoking analysis from his latest book, "Imperial Measurement", and watching the full explainer on IEA London, the IEA's YouTube channel. #empire #britishempire #colonialism #capitalism

[queenofthenight]

Crazy so how were they the richest country in the world while running their empire is that just coincidence or

[MsMattox]

What did it make them or do for them? What was the purpose or the “why” thanks in advance for your response.

[Thisisnotmynamereally]

And how would Adam Smith even know? The man died in 1790, well before most of the British Empire (especially India) was even constituted. I respect the man greatly but obviously he would have been working with very limited data, and was almost certainly basing his judgment on just British possessions in North America (also known as the First British Empire).

The 20th century's Keynes would probably have been a better judge since he lived during the zenith of the empire.

[dakarimane]

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