Adam Smith’s America

In Adam Smith’s America (Princeton, 2022), Glory Liu explores how an 18th century Scottish philosopher became an icon of American capitalism. She shows how Smith became known as the father of political economy in the nineteenth century, and how the Chicago School of Economics, in the aftermath of the Great Depression, transformed Smith into the preeminent theorist of free markets and self-interest. Liu also explores how a new generation of political theorists and public intellectuals has sought to recover Smith’s original intentions and restore his reputation as a moral philosopher. Glory M. Liu is a college fellow in social studies at Harvard University.