Adam Smith is on my best thinkers list along with John Locke and the Greeks and Tommy Jefferson. In his classic The Wealth of Nations, Smith stated what I think needs to be restated:

“It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages.” Further to that, Smith wrote that the “real price of every thing … is the toil and trouble of acquiring it” as influenced by its scarcity. I add that desire is a motivator of many things, even romance. Many today have lost the passion to go after the dream and rather would sit back and let others make them comfortable in their mediocrity.

Classical economics focused on the tendency of markets to move to long-run equilibrium. Smith was wary of monopolies and government but ultimately knew that the markets operate by natural law.

You are a corporation of ONE. Run your company like a good CEO. It is not greedy to have self-love. It is natural. And when you love yourself first, take stock in it (preferred shares of course), then full of that love, you are able to give the overflow to others. The same with wealth. Once you have some, then you can share it by buying the good and services that others have to sell.

When Jesus said, “in my father’s house there are many mansions, I think he meant it.” In my case, it is a future metaphorical dream Beach House painted pink on a distant planet in another dimension where the waves are always perfect. Meanwhile, it is in my cottage with my wife and kids, having wine and cheese on the front porch and watching the baby bluebirds hone their flying skills.

I want everyone to have it all.


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