Building Strong Towns after the American Decline w/ Charles Marohn

Published in 1759, 'The Theory of Moral Sentiments' is Adam Smith's first major published work, based on his lectures at Glasgow University. The book argues that morality is driven by humanity's natural sociability and the need for approval from peers, rather than by rational calculation or innate moral sense. Smith introduces key concepts such as sympathy, the impartial spectator, and the invisible hand, which explain how individuals judge the conduct and character of themselves and others. The work delves into the emotional and social aspects of human behavior, highlighting the role of emotions like pity and compassion in shaping moral sentiments and behaviors.

In 'Bowling Alone', Robert D. Putnam presents extensive data showing how Americans have become disconnected from family, friends, neighbors, and democratic structures. He argues that this decline in social capital has significant negative impacts on physical and civic health. The book explores various factors contributing to this decline, including changes in work, family structure, suburbanization, and the influence of technology such as television and the internet. Putnam also discusses historical precedents and potential solutions for reviving civic engagement and social connections.

Published in 1776, 'The Wealth of Nations' is Adam Smith's magnum opus that laid the groundwork for modern economics. The book critiques mercantilist economic theories and introduces the concept of the 'invisible hand,' which describes how individual self-interest leads to societal benefit. It emphasizes the division of labor, the accumulation of capital, and the importance of free markets. Smith argues that a nation's wealth is not measured by its gold and silver reserves but by the stream of goods and services it produces. The book also outlines the core functions of government, such as maintaining defense, enforcing civil law, and promoting education, while advocating for limited government intervention in market activities.