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The famously polarizing father of capitalism

Ideas

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The Enduring Legacy of Adam Smith

This chapter examines the profound influence of Adam Smith, discussing his revolutionary ideas on morality and economics and their relevance today. It navigates the complexities of his dual legacy as both a supporter and critic of capitalism, while shedding light on the ongoing debates surrounding his interpretations. Furthermore, it highlights how Smith's works have shaped early American political thought and trade policies, particularly in the wake of the War of 1812.

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