
Revisiting the "father of capitalism"
The Gray Area with Sean Illing
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Revisiting Adam Smith's Legacy
This chapter examines Adam Smith's multifaceted contributions beyond his known economic theories, focusing on his moral philosophy and critiques of poverty and inequality. It highlights the discrepancies between popular misconceptions and Smith's authentic legacy, advocating for a nuanced understanding of his ideas. The discussion also emphasizes the importance of measuring national wealth not just in monetary terms but through the quality of life and accessibility of basic necessities for all members of society.
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