Adam Smith

Democracy and Capitalism in Adam Smith’s Mutual Sympathy and Sociability

I continue to slowly wend my way through Adam Smith, both The Theory of Moral Sentiments and The Wealth of Nations, with the help of James R. Otteson (Adam Smith’s Marketplace of Life) and Ryan Patrick Hanley (Adam Smith and the Character of Virtue). I’m finding it fascinating that Adam Smith’s views on …

Education is not Free (-Market) (or is it?)

Adam Smith wrote two books. In one, the Theory of Moral Sentiments, he discusses the need and ability of individuals in society to be sympathetic to others. In the other, The Wealth of Nations, he discusses how self-interest benefits society. Some have seen a contradiction in these two outlooks. James Otteson titles …

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