Reexamining Adam Smith's Legacy

This chapter delves into the complex legacy of Adam Smith, challenging misconceptions surrounding his role as the father of modern economics and highlighting his philosophical roots in moral questions. It critiques the popular interpretations of his work, emphasizing the significance of understanding his ideas within their historical context. The narrative also explores Smith's upbringing and the influence of 18th century Scottish Enlightenment on his thought, shedding light on the moral implications of capitalism and its social consequences.