Will the real Adam Smith please stand up?

by Russ Roberts on November 19, 2014

in Adam Smith, Books

In The Wealth of Nations, Smith assumed we’re self-interested. In The Theory of Moral Sentiments, he wrote about our deep interest in those around us. In this excerpt from my new book, How Adam Smith Can Change Your Life, I try to reconcile the different approaches in Smith’s two masterpieces.


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