Adam Smith, Sociality, and Classical Liberalism

Authors

Vernon L. Smith, Chapman UniversityFollow

Document Type

Article

Publication Date

Summer 2023

Abstract

This year marks the 300th anniversary of Adam Smith’s birth. In this paper, Nobel laureate Vernon Smith examines the earlier Smith’s The Theory of Moral Sentiments, a treatise on psychology, and his path-breaking work in economics, The Wealth of Nations, showing that both are foundational in understanding how the West grew rich because of its commitment to classical liberalism anchored in freedom.

Comments

This article was originally published in The Independent Review, volume 28, issue 1, in 2023.

Recommended Citation

Smith, V. L. (2023). Adam Smith, sociality, and classical liberalism. The Independent Review, 28(1), 117-122. https://www.independent.org/publications/tir/article.asp?id=1851

Copyright

The Independent Review