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Adam Smith's Lost Legacy

A blog about economist Adam Smith.
Adam Smith's Lost Legacy Blog  
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Adam Smith on Origins of Moral Senses

Jul 23, 2008
There is quite a buzz going round the boundaries between economics and psychology these past few years. Much neuro-research is showing interesting patters in brain activity when humans are presented with certain subjects.

An Economist Speaks Up for Adam Smith's Legacy

Nov 30, 2009
David Smith writes in Economics UK.com HERE: and adds a most interesting postscript to an article: “Don’t expect too much blood from Darling’s Axe” “Sometimes I feel obliged to defend the family name. On the Today programme, my former...

A Malevoent Invisible Hand?

Nov 30, 2009
Bryan Caplan, regular and brilliant columinist at the Econ Library of Economics and Liberty reports on “The Malevolent Invisible Hand” (HERE) “Lately my colleague Dan Klein has presented new evidence that the "invisible hand" was more central to...

A Wee Gem of a Little Book

Nov 29, 2009
Packing my library of Adam Smith books today I came across a number of “treasures” related to my interrupted preparations for a new paper on the “invisible hand” controversy, of which my response to Daniel Klein’s most interesting discovery...

Why Use Superstition to Explain Markets?

Nov 28, 2009
Mark Perry, professor of economics and finance at University of Michigan (Flint) writes a seasonal piece for (US) “Thanksgiving” (HERE): quoting an example from in Boston Globe in 2003. “Giving Thanks for Capitalism, The Invisible Hand, the...

An Excellent Review of The Failings of Neo-classical Economics

Nov 26, 2009
In Reality Base Blog (HERE)a book review by John Gray in the London Review of Books, is reported (25 November): “Animal spirits and what else is wrong with neoclassical economics” “A much discussed book this year has been Animal Spirits: How...

Adam Smith on Origins of Moral Senses



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