“John Law’s role in resolving the Water Diamond Paradox has been largely forgotten. The name now associated with it is another Scottish economist, Adam Smith. Writing over seventy years after the publication of 'Money and Trade Considered', Smith’s celebrated restatement of the paradox of value, in 'An Inquiry into the Nature and Causes of the Wealth of Nations' is astonishing not for its originality, but for its similarity with John Law’s resolution decades before.” EconomicsWealth Of NationsAdam SmithJohn LawMoney And Trade ConsideredGavin John AdamsParadox Of ValueWater Diamond Paradox Book:John Law: The Lauriston Lecture and Collected Writings Source: John Law: The Lauriston Lecture and Collected Writings