What is common between US independence day and Economics?

Most US based economist bloggers are off today because of American independence day. Hence the assorted links I posted today are few. Anyways a thought just struck me and let me share it with all of you in form of a question:

What is common between US independence day and Economics?  

Answer: The father of economics, Adam Smith’s epic book Wealth of Nations came out in 1776, the year when US got its independence as well.  Adam Smith’s famous book came out on March 9, 1776 and US got its independence on 4 July, 1776. So in a way American independence and economics as a subject both happened in 1776 (Economics as a thought has been there since ages)

So, in a way, all America based economists have 2 reasons to celebrate 🙂

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