Acton Institute Powerblog Archives

Post Tagged 'The Theory of Moral Sentiments'

The Adam Smith We Need

There are two reasons to read Glory M. Liu’s new comprehensive book, Adam Smith’s America: How a Scottish Philosopher Became an Icon of American Capitalism. The first is that if you are a student of economics or history, there is a remarkable amount of well-documented information packaged into a logically sequential analysis that is well worth your time. Continue Reading...

Toward a Civilization of Love

In the spirit of Valentine’s Day, I offer this wonderful bit from Jennifer Roback Morse’s transformational book, Love and Economics, in which she observes a particular vacancy in modern discourse and policymaking: Economics has been a successful social science because it focuses on things that are true: human beings are self-interested and have the capacity for reason. Continue Reading...

The Market is a Moral Teacher

Does the free market encourage moral behavior? Virgil Henry Storr, Research Associate Professor in the Department of Economics at George Mason University, recently wrote a report called “The Impartial Spectator and The Moral Teachings of Markets.” Continue Reading...

Love is what holds society together

Despite the inevitable flurry of trite sugary clichés and predictable consumerism, Valentine’s Day is as good an opportunity as any to reflect on the nature of human love and consider how we might further it in its truest, purest form across society. Continue Reading...

Adamic Anthropology

In an edition of the Philosophy Bites podcast last month, “Nicholas Phillipson, his acclaimed biographer, discusses Adam Smith’s view of human beings.” Phillipson argues of Smith that “even his economic thinking is perhaps best understood as part of a broader philosophical project of a science of human beings.” Continue Reading...