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Tag: Economy

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Wealth of Nations
Posted On 11/03/2009 11:28:38 by mlebroadbent

                  Between the 16th and 19th centuries the international economic attitude/system was Mercantilism. This system was how each Nation measured their wealth in comparison to opposing powers. They were so focused on the calculated number of riches they had stored away in their banks. They let it collect dust instead of using if to better the lives of their peo... Read More



What is wealth?
Posted On 10/31/2009 17:32:36 by smith

    This week, our discussion of American society focused on the economic differences of this new nation.  Much of America’s reputation since the 20th Century has roots in an economic model which came forth in, you guessed it, 1776.  However, this model did not come from an American; rather it came from what Adam Smith put forth as “An Inquiry into the Nature and Causes of the Wealth of Nations.”  This was perfect timing because Ame... Read More









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