Description

Adam Smith’s 1776 book, The Wealth of Nations, is regarded as the founding text of liberal economic philosophy for the 19th and 20th centuries. However, a more penetrating reading of the book reveals Smith is advocating for both laissez-faire, non-government interference in the economy, and social welfare policies, such as government welfare for the impoverished. Prof. Norman Levine will analyze both dimensions of Smith’s economic legacy