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Inspired by Adam Smith: Why do people buy cool pocket gadgets?

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Inspired by Adam Smith: Why do people buy…

Virginia Postrel
May 2, 2022
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Inspired by Adam Smith: Why do people buy cool pocket gadgets?

vpostrel.substack.com

Since August, I’ve been enjoying a two-year appointment as a Visiting Fellow at the Smith Institute for Political Economy and Philosophy at Chapman University in Orange County. The institute is named for two people: our colleague Vernon Smith, who won the Nobel prize in economics for his pioneering work on experimental economics, and Adam Smith, the 18th-century economist and moral philosopher most famous for

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