5min chapter

Free Thoughts cover image

Free Market: The History of an Idea (with Jacob Soll)

Free Thoughts

CHAPTER

Adam Smith and the Wealth of Nations

What is Smith really doing that no one else does? He creates this giant panoramic description of economy and society. By the way, he did not think you would have read the wealth of nations without the theory of moral sentiments. And so he has these statements that if you just take them outside alone, seem to be either incomprehensible or out of context.

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