Stephen B. Young ed., "Adam Smith and Modern Economics: Reclaiming the Moral High Ground" (de Gruyter, 2026)

For more than two centuries, economists and researchers have struggled with the conundrum of reconciling Adam Smith’s views on economics and ethics. While some held that Smith’s capitalism and free markets institutionalized selfishness, greed, inequality and injustice, others focused on his theory of the moral nature of all human persons and the application of conscience and self-restraint in capitalist activities. Adam Smith and Modern Economics: Reclaiming the Moral High Ground (de Gruyter, 2026) suggests that neither of these two conventional understandings alone is accurate and conducive to human flourishing. Smith put markets in the context of morality, observing that markets serve best when our moral sentiments are followed. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member!

You can listen to Stephen B. Young ed., "Adam Smith and Modern Economics: Reclaiming the Moral High Ground" (de Gruyter, 2026) online on Radio and Podcast. Open the player on this page to stream the available audio.

Stephen B. Young ed., "Adam Smith and Modern Economics: Reclaiming the Moral High Ground" (de Gruyter, 2026) is an episode from New Books in Economics by New Books Network.

This episode is 3:45 long.

This episode was published on Apr 29, 2026.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from New Books in Economics when more episodes are available from the podcast feed.