Continuing with the Econtalk host on the moral aspects of economics, focused by Adam Smith's The Wealth of Nations and Theory of Moral Sentiments. Should we sacrifice ourselves to the machine of the economy? Smith wasn't just all about monetary gain: how does his idea of virtue and talk of the "impartial spectator" line up with economic growth? If growth is the key to Continue Reading …
Episode 177: Guest Russ Roberts on Adam Smith and Libertarian Economics (Part One)
The host of Econtalk provides his take on our ep. 174 on The Wealth of Nations, and explores with us the idea of emergent economic order. As preparation, we all listened to a June 2017 episode of Econtalk that featured Russ, Mike Munger, and Don Boudreaux, so you should too! For a graphic introduction to this idea, see wonderfulloaf.org. Is the economy profitably thought of Continue Reading …
Ep. 177: Guest Russ Roberts on Adam Smith and Libertarian Economics (Citizen Edition)
The host of Econtalk provides his take on our ep. 174 on The Wealth of Nations, and explores with us the idea of emergent economic order. As preparation, we all listened to a June 2017 episode of Econtalk that featured Russ, Mike Munger, and Don Boudreaux, so you should too! For a graphic introduction to this idea, see wonderfulloaf.org. Is the economy profitably thought of Continue Reading …