How did an affable 18th-century “moral philosopher” become the patron saint of cutthroat capitalism? Does “the invisible hand” mean what everyone thinks it does? We travel to Smith’s hometown in Scotland to uncover the man behind the myth. (Part 1 of a series.)
Nov 2017
Adam Smith: Father of Capitalism
Adam Smith, a moral philosopher and economist, was born in Scotland, the son of a customs officer. In 1776 he published a book called 'An Inquiry into the Nature and Causes of the Wealth of Nations’. Smith basically argued against the over regulation of commerce and said if peopl ... Show More
39m 47s
Jan 2023
Revisiting the "father of capitalism"
Sean Illing talks with Glory Liu, the author of Adam Smith’s America: How a Scottish Philosopher became an Icon of American Capitalism. Smith is most well-known for being the “father of capitalism,” but as Liu points out in her book, his legacy has been misappropriated — especial ... Show More
51m 34s
Jan 2015
Episode #049 ... Adam Smith pt. 2 - The Tip of the Iceberg of Wealth
On this episode of the podcast, we continue our discussion of Adam Smith. First, we look at two towns with the same name on opposite sides of the US-Mexico border, and consider why their residents have such markedly different standards of living. Next, we ask ourselves what deter ... Show More
29m 7s
Feb 2023
#221 — Success, Failure, & the Common Good
Sam Harris speaks with Michael Sandel about the problem with meritocracy. They discuss the dark side of the concept of merit, the pernicious myth of the self-made man, the moral significance of luck, the backlash against “elites” and expertise, how we value human excellence, the ... Show More
26m 13s
