Adam Smith’s slam dunk critique of farm subsidies

🫧 Open on Bubbles Nota bene : This post is my 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 . After exploring the markets for tobacco, textiles, and wine (see here ), Smith devotes the next three “Additions and Corrections” (#7, #8, and #9) of his pamphlet to the market for wheat. More specifically, what was the cause of the gradual fall in the a