Description
Discover the captivating narrative of how Adam Smith became the revered patron saint of free markets in America. In her insightful book, *Adam Smith's America*, Glory Liu delves into the history of Smith’s profound influence on American economic thought and political philosophy. Originally published in 1776, Smith's seminal work, *The Wealth of Nations*, not only shaped the ideas of America’s founders but also laid the groundwork for modern capitalism. Liu masterfully traces the journey of Smith’s ideas through American history, revealing how they have been reinterpreted and adapted to bolster varying economic agendas.
Using a wealth of archival materials, *Adam Smith's America* unveils the story of the unassuming Scottish philosopher whose moral virtues and thoughts on national wealth veered into the American consciousness. Explore how Smith’s reputation as the father of political economy evolved, especially during the expansion of free trade in the nineteenth century and the Chicago School's influence in the wake of the Great Depression.
Liu challenges contemporary readers to reconsider the commonly held perception of Smith as an advocate solely for unfettered capitalism and self-interest. This book serves as a reexamination of his legacy, offering a vital perspective on moral philosophy and modern capitalism. *Adam Smith's America* is essential reading for anyone interested in the intersection of economic thought, morality, and American identity, ensuring that Smith's teachings continue to spark thoughtful dialogue on the complexities of capitalism today.
Using a wealth of archival materials, *Adam Smith's America* unveils the story of the unassuming Scottish philosopher whose moral virtues and thoughts on national wealth veered into the American consciousness. Explore how Smith’s reputation as the father of political economy evolved, especially during the expansion of free trade in the nineteenth century and the Chicago School's influence in the wake of the Great Depression.
Liu challenges contemporary readers to reconsider the commonly held perception of Smith as an advocate solely for unfettered capitalism and self-interest. This book serves as a reexamination of his legacy, offering a vital perspective on moral philosophy and modern capitalism. *Adam Smith's America* is essential reading for anyone interested in the intersection of economic thought, morality, and American identity, ensuring that Smith's teachings continue to spark thoughtful dialogue on the complexities of capitalism today.