VinnyVeritas
Libertarian Sage
- Joined
- Oct 11, 2022
- Posts
- 2,842
Excellent Article! It makes an unexpected point about wealth.
Pull Quote:
"Ingenious and ostensibly useful, pocket gadgets and other toys epitomized a new culture of consumption that also included tea, tobacco, gin, and printed cotton fabrics. These items were neither the traditional indulgences of the rich nor the necessities of life. Few people needed a pocket watch, let alone a flea glass or an etui. But these gadgets were fashionable, and they tempted buyers from a wide range of incomes."
https://reason.com/2023/06/25/gadgets-and-gizmos-that-inspired-adam-smith/
(Libertarian)
Pull Quote:
"Ingenious and ostensibly useful, pocket gadgets and other toys epitomized a new culture of consumption that also included tea, tobacco, gin, and printed cotton fabrics. These items were neither the traditional indulgences of the rich nor the necessities of life. Few people needed a pocket watch, let alone a flea glass or an etui. But these gadgets were fashionable, and they tempted buyers from a wide range of incomes."
https://reason.com/2023/06/25/gadgets-and-gizmos-that-inspired-adam-smith/
(Libertarian)
