Archive for the ‘Book Club’ Category

June 10, 2017

This was an unusual one: spaghetti all’ubriaco – “drunken spaghetti” – with store-bought sausages and steamed broccoli.  Basically you saute some onions, chile flakes, oregano, and parsley, add a bottle of red wine, and then boil the spaghetti in it.



The Wealth of Nations: Book 1, Chapter 1
December 29, 2009

This chapter is about the division of labor, which Smith believes is the main reason some nations are wealthier than others. Smith says the reason some nations are wealthier and more developed than others is because of the division of labor. He writes about a factory that produces thousands of pins per day, each worked on by ten different people; this illustration is somewhat famous.

He explains three reasons why the division of labor makes workers more productive.  The first two make sense: