| « airline profits from carbon tax? | Boeing Examining 777-8LX Concept » |
Smith: Theory of Moral Sentiments, on econtalk
This side project on econtalk was a six part book club discussion of "The Theory of Moral Sentiments" (1759), which besides the Wealth of Nations (1776) is perhaps the most well known writings of 18th century economist Adam Smith (1723-1790). Of note to me about this discussion is the emphasis on all the varied motivations of human beings in striving for the good life, important to consider that economic man is incomplete, while self-direction is just as important.
Theory of Moral Sentiments (4/6 to 5/27/2009) - Dan Klein and Russ Roberts offer a six-part podcast series reading and discussing The Theory of Moral Sentiments, by Adam Smith.
Of related interest about Adam Smith is how he completely missed subjectivity in establishing value on the market (in Wealth of Nations), stating instead the erroneous labor theory and missing out on contemporaries and predecessors in the process.
