Speaking of Smith Archives

If Bernard Mandeville is Larry David, who's Jerry Seinfeld? Adam Smith, of course.

Garret Edwards for AdamSmithWork
Smith's review on Mandeville’s has an interesting presentation: In ‘
The Theory of Moral Sentiments,’ Smith reviews the great systems of moral philosophy and devotes a long chapter to Mandeville, who he judges as "licentious" and "wholly pernicious," in the sense that he takes away altogether the distinction between vice and virtue. 

Adam Smith peeks in at the new series The Gilded Age

Christy Lynn for AdamSmithWorks

The perceived discontinuity between
Adam Smith’s Theory of Moral Sentiments and the Wealth of Nations is so famous as to have been dubbed, “Das Adam Smith Problem.” But as individuals we weave in and out of the situations he’s describing in both works all the time, often within minutes of each other. I was reminded of this thought watching the premier of Julian Fellowes’ The Gilded Age on HBO... What comes next reveals an understanding of how impersonal markets work right next to personal human sympathy. 

Searching for Adam Smith in Serbia

Marko Veckov for AdamSmithWorks


Adam Smith favored private enterprise, knowing that individual actors and not the state promote  economic growth and social justice. It was markets, consisting of people who, although unintentionally, care for each other, that needed to be freed, not the government guiding the economy.