Tobacco, textiles, and wine: the immortal Adam Smith

🫧 Open on Bubbles Nota bene : This is the next installment of my multi-part review of Adam Smith’s 1784 pamphlet Additions and Corrections to the First and Second Editions of Dr. Adam Smith’s Inquiry into the Nature and Causes of the Wealth of Nations . Addition #6 (pp. 6-9) consists of nine paragraphs and is the fourth longest addition in Smith’s pamphlet. Here, Smith demonstrates his personal knowledge of one specific corner of Britain’s complex web of trade laws: drawbacks. A “drawback” is a refund or re