The unlikely story of how Americans canonized Adam Smith as the patron
saint of free markets Originally published in 1776, Adam Smith’s The
Wealth of Nations was lauded by America’s founders as a landmark
work of Enlightenment thinking about national wealth, statecraft, and
moral virtue. Today, Smith is one of the most influential icons of
economic thought in America. Glory Liu traces how generations of
Americans have read, reinterpreted, and weaponized Smith’s ideas,
revealing how his popular image as a champion of American-style
capitalism and free markets is a historical invention. Drawing on a
trove of illuminating archival materials, Liu tells the story of how
an unassuming Scottish philosopher captured the American imagination
and played a leading role in shaping American economic and political
ideas. She shows how Smith became known as the father of political
economy in the nineteenth century and was firmly associated with free
trade, and how, in the aftermath of the Great Depression, the Chicago
School of Economics transformed him into the preeminent theorist of
self-interest and the miracle of free markets. Liu 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. Charting the enduring fascination that this
humble philosopher from Scotland has held for American readers over
more than two centuries, Adam Smith’s America shows how Smith
continues to be a vehicle for articulating perennial moral and
political anxieties about modern capitalism.
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How a Scottish Philosopher Became an Icon of American Capitalism
Produktdetaljer
ISBN
9780691240879
Publisert
2022
Utgiver
Vendor
Princeton University Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter