ADAM SMITH’S ENLIGHTENED WORLD

Commerce, morality, equality, the rule of law, and the role of government… Welcome to the world of Adam Smith.

What can we learn about our own world from Smith? Join the workers in an 18th century pin factory to find out more…

Interactive Pin Factory

Listen to the latest podcast episodes with full show notes and transcripts.

The Great Antidote

Speaking of Smith is a blog that explores the ideas, legacy, and relevance of Adam Smith.

Speaking of Smith

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Hostile factions and political instability

"The problem of faction seems to be when they undermine the systems of which they are a part, and this relates to the concern which Ryan has rightly identified that Smith has with the stability of institutions over time and of public life more generally."

Valor de uso y de intercambio, excedente del consumidor y bienestar social

"En toda sociedad es menester dejar a los adultos mayores y sanos ejercer sus facultades de elección para adquirir las cestas de bienes y servicios preferidas, cuyo costo ellos pueden pagar."

Don Boudreaux on the Essential Hayek

The month of October 2024 marks the 50th anniversary of F. A. Hayek winning the Nobel Prize . Winning such a prize is obviously a big deal, but someone wins one every year, so what’s the big deal about this guy?

Nicholas Snow on Prohibition

Do you ever take a moment to think about the fact that Americans, the people of the land of the free, spent 13 years under Prohibition ? Did you know that Americans used to seriously “drink like a fish”?

Explore.

An Animal That Trades

A five-part short video series on the life and contemporary relevance of Adam Smith.

Learn.

Why Read Adam Smith Today? Enduring Insight

After a year-long celebration of Adam Smith's birth in 2023, Peter Boettke addresses those still not well-versed with Smith's magisterial work of political economy.

Mary Wollstonecraft, from Paris to Scandinavia

September 25, 2024 Mary Wollstonecraft, author of A Vindication of the Rights of Woman (1792), had by 1796 come to different sentiments. Roos Slegers describes how Wollstonecraft's travels around Europe during and after the French Revolution changed her beliefs about rebellion, education, morals, and manners. "Wollstonecraft shares Rousseau’s desire to escape from oppressive society, but rambling through the remote parts of Sweden and Norway she comes to the conclusion that a middle ground is necessary to develop one’s intellect, one’s morals, and one’s taste."

Teach.

Activity: Can we expect free trade?

Use this quotation from Adam Smith's Wealth of Nations to prompt a discussion of how likely it is that any country will ever have completely free trade.

Pins, Pencils, and the Invisible Hand

Explore a pin factory with Adam Smith and contemplate the creation of the humble pencil to understand better how markets and prices help people coordinate their economic activity.

AdamSmithWorks Lesson Plans

Original, classroom-ready activities to use with your students TODAY.

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Essays on Philosophical Subjects

Reflecting Adam Smith’s wide learning and varied interests, these essays shed considerable light on his place in the Scottish Enlightenment. Included are histories of astronomy, ancient logic, and ancient physics; essays on the “imitative” arts and the affinity between music, dancing, and poetry; and a critical review of Samuel Johnson’s famous Dictionary, which Smith originally published in the Edinburgh Review (1755–1756).