he was a professor or MORALS & ETHICS.
let that sink in: the dude who supposedly invented capitalism (or at least the arguments for it), did so to prove, WITH EVIDENCE, that all European monarchs’ holdings alone were NOT the wealth of their nations.
he even gives in the book a rationalization for the abolition of slavery by capitalizing on the externalities of free laborers.
the thing is, he never uses the word economics. only economy or political economy… 🧵