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Adam Smith

Adam Smith

Jesse Norman · 2018 · 400 pages

Moral and ethical aspectsPhilosophyEconomistsEconomicsCapitalismSmith, adam, 1723-1790

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Against the turbulent backdrop of Enlightenment Scotland, Adam Smith lays out a succinct and highly engaging account of Smith's life and times, reviews his work as a whole and traces his influence over the past two centuries. Dispelling myths and debunking caricatures, this book explores his ideas in detail, from ethics to law to economics and government and the impact of those ideas on thinkers as diverse as Karl Marx, Charles Darwin, John Maynard Keynes and Friedrich Hayek. Adam Smith emerges as one of the founders of modern social psychology and behavioural theory, offering a strikingly modern evolutionary theory of political economy, which recognises the often complementary roles of markets and the state. "Adam Smith is now widely regarded as 'the father of modern economics' and the most influential economist who ever lived. But what he really thought, and what the implications of his ideas are, remain fiercely contested. Was he an eloquent advocate of capitalism and the freedom of the individual? Or a prime mover of 'market fundamentalism' and an apologist for inequality and human selfishness? Or something else entirely? Jesse Norman's brilliantly conceived book gives us not just Smith's economics, but his vastly wider intellectual project. Against the turbulent backdrop of Enlightenment Scotland, it lays out a succinct and highly engaging account of Smith's life and times, reviews his work as a whole and traces his influence over the past two centuries. But this book is

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