S8 Ep459: Guest: John Tamny. Tamny explains Adam Smith's division of labor using the iPhone as an example, arguing that money exists solely to circulate goods and requires stability.
Podcast:The John Batchelor Show Published On: Sun Feb 15 2026 Description: Guest: John Tamny. Tamny explains Adam Smith's division of labor using the iPhone as an example, arguing that money exists solely to circulate goods and requires stability.