Markets in Everything: Adam Smith’s House

The house where Adam Smith lived for many years with his mother and which more recently was used as a home for troubled youth has been put up for sale by the Edinburgh Council for £700,000.  Sir Alan Peacock says "It’s a disgrace that the council has
agreed to dispose of a building as significant as this. It should be
saved for the nation."

I think it would be a disgrace if the house went to anyone but the highest bidder.


Hear, hear. Best of all, may it be a museum by private means.

I think I see the Invisible Boot at work.

They should build a McDonald's, but customers should be required to bid for their food.

" I think it would be a disgrace if the house went to anyone but the highest bidder"

Luckily for Alex the method for selling houses in Scotland is a sealed bid auction, so the only way in which anyone is going to get their hands on the house is to be the highest bidder.

a fellow fife resident

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Marketing has become a very profitable business.As long there are people who can sell different things from where they can get a big profit there will be this problem.There are so many people who don't care about other values than money.Bathroom Refacing

Great. A socialist in charge of military. Adam Smith has no business in American government. He doesn't know what the Constitution says, nor does he care cool gadgets. Get him the heII out of there, before he has American soldiers arresting American citizens in violation of Posse Comitatus.

700 000 pounds is not a price which everybody can afford.I bet that house has a great swimming pool.I love to swim and I wish at some point I will afford to build my own swimming pool.I wonder though how often a pool filter b needs to be replaced.I heard is the best for swimming pools.

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