Tag: economics

  • The Wealth of Nations — on Inflation

    The Wealth of Nations — on Inflation

    Adam Smith’s “Wealth of Nations” emphasizes that labor, not currency, was the original measure of value in economic transactions. The text explores topics like inflation and the division of labor, demonstrating timeless insights relevant to modern economics. It warns against holding fiat currency, advocating for investment in scarce, demand-driven assets to preserve real value.

  • The Silk Roads: Reweaving the Tapestry of History

    Peter Frankopan’s “The Silk Roads: A New History of the World” challenges the traditional Western-centric historical narrative by emphasizing the significance of the Silk Roads in shaping global commerce, culture, and thought. The book highlights enduring legacies and contemporary relevance, urging readers to rethink interconnectedness, resilience, and cultural dynamics in today’s world.