In adam smith's day there wasnt a lot of data crunching, you made system maps by thinking and sharing action modules with students.
google as at july 2020
Adam Smith (1723-1790) Adam Smith's exact date of birth is unknown, but he was baptised on 5 June 1723. His father, a customs officer in Kirkcaldy, died before he was born. He studied at Glasgow and Oxford Universities. (He also travelled to France to dialogue with Scot's auld allies - enlightenment/entrepreneurship were french passions about to question royal power across the continent of Europe)
Before he turned to markets and machines, adam had thought a lot about maps navigators shared about nature's diversity, about languages/cultures, faiths and ethical movements, legislatures, about health - after all london became the world's biggest capital when dick whittington relaunched financing of trade,property and royal interests after the black death.
Until 1760 adam's main contribution to markets was celebrating those community markets that are so transparent about prices and quality that it is in every sellers and buyers interest to multiply trust by being continuously improving what they did , focused, connected. Adam never said that humans found it easy to design free markets- he did say that all peoples should celebrate a market that did compound around consciously empowering productivity and goodwill multipliers.
Imagine just being ready to coach on the emotional intelligence of markets when your co-worker James Watt at glasgow university shows you the first engine. Adam spent the rest his life on world trade mapping in the coming era of humans and machines. (Calendars show 2020s as 27th decade of humans and machines)
As a Scot, Adam had good reasons to question how a few upper class people in london (out of a nation of less than 1% of world ;population and less than 1/1000 of natural resources had (from 1500-1760) designed their own global empire around currencies, warships, slavery, as well as english as science's publication language. Slowly at first but accelerating exponentially around the most eveil corporation (East india company) Britannia's empire was aiming to colonise pretty much the whole of populated asia (up to two thirds of human beings) as well as any useful east african trading regions en route to asia from london. So from 1760 all his research sought to make the case for going west with a united states of english speaking machines and humans. Adam implored london to stop trying to colonise north america- britain should want to become a morally uniting state of the english speaking world. By all means the united states of machine world would be governed out of eg liberty's Philadelphia- because the continental resources of north america were thousands time more than the two islands out of which English mindsets had sprung. However Adam posited one essential condition before britain joined the union. Slavery should not just be repealed but every market sector whos working model spun round free or lowest cost labour should be redesigned with previous owners bought out at a fair sum if they felt unable to lead a lives matter industrial age.
Imagine if adams' idea had been adopted in time- no civil war needed in sua-each states new innovation could have been win-win as the usa mapped down from new england through new amsterdam, across multicultural Philadelphia, further down the east coast belt road across the french Louisana purchase up through the heart land to michigan and illinois great lakes-canada could have joined in too -before the continuous push westwards (no need for genocide of natives) to what became the even more innovative west coast of usa as it faced asia pacific instead of the old atlantic pond. And then as american navies sailed west to hawaii and japan - instead of empire aggression they could have hosted entrepreneur competitions for ever more diverse applications of engines and machine intel. That was delayed because Japan scared by the aggressive american navy of late 1800s got the wrong idea- started building its own aggressive navy to colonie asia from the far east just around the time that the brits were enforcing opium as the currency it insisted the chinese fifth of human beings accept for their wonderful spice , silks and artisan pottery
By 1945 two world wars had been fought because the colonial mercantile era amplified by the first 185 years of man and machines had been designed so that about 10% of peoples controled the lives and resources of about 85% of peoples with another 5% living in neutral lands. So when nations met at san francisco opera house in 1945 to unite it was a chance to re-map adam smiths livesmatter economic models. Keynes certainly implored this be done. Remember in 1945 economics was still an ideology for mapping systems, the amount of data crunching with abacus or slide ruler is quite constrained. This brings us to the 75 years 1945-2020 - what happened? How much time do we have to get back to sustainability economics systems starting eg with ones that value SHELF for every next child born, in any community anywhere on mother earth. Security Health Education Loveq Finance- if you want to understand SHELF models go fIrst to the 50 years of work of a reformed oil company enegineer and ceo - fazle abed who died dec 2019 left his 50 years of knowpow collaborations on poorest village women rising for the world of sustainability students to action network around brac uni. https://www.linkedin.com/pulse/how-do-girls-networks-co-create-most-economic-value-chris-macrae/
http://economistasia.com will poorest oldest world citizens survive corona? cant social distance in a slum- as with elders comms, poorest communities in dev world no answers to corona unless g7 unites now- fast adaptability-time us congress spends on 1 bill, virus multiply 30 fold