Adam Smith A Moral Philosopher and His Political Economy

This book presents the authentic Adam Smith and explores his underlying approach and radical thinking, aiming to re-establish his original intentions. The book provides a crucial reminder of how relevant Adam Smith was in his own time, and how relevant he

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Gavin Kennedy

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Adam Smith

Great Thinkers in Economics Series

Great Thinkers in Economics is designed to illuminate the economics of some of the great historical and contemporary economists by exploring the interactions between their lives and work, and the events surrounding them. The books will be brief and written in a style that makes them not only of interest to professional economists, but also intelligible for students of economics and the interested lay person. Titles include: William J. Barber GUNNAR MYRDAL Paul Davidson JOHN MAYNARD KEYNES Peter D. Groenewegen ALFRED MARSHALL Michael Szenberg and Lall Ramrattan FRANCO MODIGLIANI Gavin Kennedy ADAM SMITH Forthcoming titles include: Esben Sloth Anderson JOSEPH A. SCHUMPETER Charles Rowley JAMES McGILL BUCHANAN Michael A. Lebowitz KARL MARX John King NICOLAS KALDOR Alessandro Roncaglia PIERO SRAFFA Julio Lopez and Michaël Samuel Assous KALECKI’S THEORY OF CAPITALIST ECONOMIES Gerhard Michael Ambrosi ARTHUR C. PIGOU J. R. Stanfield JOHN KENNETH GALBRAITH Warren Young and Esteban Perez ROY HARROD

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Series Editor: Professor A. P. Thirlwall is Professor of Applied Economics, University of Kent, UK.

G. C. Harcourt and Prue Kerr JOAN ROBINSON AND HER CIRCLE Roger Middleton ROBERT SOLOW

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Gordon Fletcher DENNIS ROBERTSON

Great Thinkers in Economics Series Standing Order ISBN 978–1–4039–8555–2 (Hardback) 978–1–4039–8556–9 (Paperback) (outside North America only) You can receive future titles in this series as they are published by placing a standing order. Please contact your bookseller or, in case of difficulty, write to us at the address below with your name and address, the title of the series and the ISBN quoted above. Customer Services Department, Macmillan Distribution Ltd, Houndmills, Basingstoke, Hampshire RG21 6XS, England

10.1057/9780230227545preview - Adam Smith, Gavin Kennedy

Adam Smith A Moral Philosopher and His Political Economy Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-01-10

Gavin Kennedy

10.1057/9780230227545preview - Adam Smith, Gavin Kennedy

© Gavin Kennedy 2008 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission.

Any person who does any unauthorized act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The author has asserted his right to be identified as the author of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2008 by PALGRAVE MACMILLAN Houndmills, Basingstoke, Hampshire RG21 6XS and 175 Fifth Avenue, New York, N.Y. 10010 Co