The Wealth of Nations Questions

Bring on the tough stuff - there’s not just one right answer.

  1. Do you think Smith is right when he says that letting business people do whatever they want will provide the best benefit to society as a whole?
  2. Do you buy the idea that even the poorest people in a free trade society are better off than the richest in a non-free trade one? Why or why not?
  3. Why do governments impose so many barriers on free trade? Whom are they trying to please?
  4. Why do people think they can only get richer if other people get poorer? Where does this thinking come from?
  5. Why does Adam Smith think that farmers are the most productive members of society? Who else is productive, and why?
  6. Why do the people of Adam Smith's time choose to have slaves instead of wage workers, even though this choice loses them money in the long run?
  7. Is Smith hopeful about whether the world will follow his advice? Why or why not?
  8. What are the main obstacles to governments adopting free trade? How does Smith hope to get beyond them?