Quin'darius Lyles-Woods’s Reviews > An Inquiry into the Nature and Causes of the Wealth of Nations > Status Update

How long have I been reading this damn book. Currently going over the establishment of colonies and it’s an amazing overview of how the different nations around the world were established and how their different policies planned a role in their rise or decline!

Domestic and foreign trade seems so interesting now. How cool! Also, we’re totally gonna finish this book by the end of the year. Really proud of myself for not picking up another one and sticking this one through through this far.

On the chapters talking about employment of stock and man is he getting spicccccy. I am making slow but sure progress. I made the realization that in my life I haven't met anyone who has read this all the way through. Let alone his prior work. Let alone really understand what he is saying. It has been like 4-5 years that I have picked up and down this book but I think this is the time we will finish it.

2 sort of rude produce

Labor is the source of all wealth is what is iterated time and time again throughout the book. Everything else including gold silver and dollars is simply a commodity.

All the hot people in Ireland eat potatoes

Ahhh the profits of stock. He talks about all the different levers that change the market interest rate in regards to wages and stock/profit. A refresher of the going interest rates of many countries in the 1720's. Said that marker for the fall of the republic was Brutus charging 48% interest.

The price of commodities rise almost linearly with the rise in wages but geometrically with the raise of profits.