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- Title
Book Review: Adam Smith's America: How a Scottish Philosopher Became an Icon of American Capitalism.
- Authors
Wight, Jonathan B.
- Abstract
"Adam Smith's America: How a Scottish Philosopher Became an Icon of American Capitalism" by Glory M. Liu explores the reception and interpretation of Adam Smith's ideas in the United States. The book examines how Smith's work has been shaped and reinterpreted over time to suit the political and social contexts of different eras. It highlights the influence of economists and their biases in shaping the understanding of Smith's legacy. The book provides a chronological analysis of Smith's reception in America, from the revolutionary period to the present day, and discusses the diverse interpretations of Smith's ideas, including the Chicago School's narrow view of self-interest and limited government. The author argues that Smith's ideas continue to resonate in public debates and offers insights into the moral economy and the role of capitalism in society. The book is recommended for scholars interested in the history of economic thought and provides a comprehensive examination of Smith's reception in America.
- Subjects
ADAM Smith's America: How a Scottish Philosopher Became an Icon of American Capitalism (Book); CAPITALISM; MODERATES (Political science); PHILOSOPHERS; RIGHT &; left (Political science)
- Publication
American Economist, 2024, Vol 69, Issue 1, p187
- ISSN
0569-4345
- Publication type
Article
- DOI
10.1177/05694345231162667