How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature and Happiness
Russ Robertsamazon.com
How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature and Happiness
Adam Smith, an economist too often read as a blunt apologist for all aspects of consumer society, but in fact one of its more subtle and visionary analysts. In his The Wealth of Nations, Smith seems at points willing to concede to key aspects of Mandeville’s argument: consumer societies do help the poor by providing employment based around satisfyi
... See more... See moreAdam Smith, is commonly known as the Father of Capitalism. Perhaps more than anyone, the hyper-individualistic, self-interested money-obsessed world we live in today is linked to him and his theories of how free markets and competition generate prosperity. But Smith didn't believe greed for wealth was the ultimate driver of economies. He thought so
our propensity for self-interest the “invisible hand.”