Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas cover image

247 | Samuel Bowles on Economics, Cooperation, and Inequality

Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas

NOTE

The Foundations of Adam Smith's Economic Theory

Adam Smith's book 'Theory of Moral Sentiments' emphasized caring about other people and our own dignity./nSmith's argument about self interest and the market had little to do with efficiency or the invisible hand./nThe market is a way of organizing society that promotes dignity and equality.

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