THE WEALTH OF NATIONS: HOW THE NATIONAL INCOME IS PRODUCED, DIVIDED UP AND SPENT*

H. M. Robertson

South African Journal of Economics, 1969, vol. 37, issue 2, 87-97

Abstract: Economics is not a particularly happy choice as a subject for a short series of summer school lectures. It is a subject which can appear either incomprehensibly complicated and difficult, or to comprise such simple common‐sense that there is nothing to it but a series of truisms and exceedingly trite platitudes. Of course, if you choose your lecturer well (or have him chosen by the enthusiastic but incautious Robert Tobias, our Director of Extra‐Mural Studies) you may form a synthetic impression that economics manages both and consists of turning a few trite platititudes into something incomprehensible! Quite an academic achievement!

Date: 1969
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