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Adam Smith's America : how a Scottish philosopher became an icon of American capitalism
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ISBN: 9780691203812 9780691240879 0691240876 Year: 2022 Publisher: Princeton, N.J. : Princeton Univ. P.,

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Abstract

The unlikely story of how Americans canonized Adam Smith as the patron saint of free marketsOriginally published in 1776, Adam Smith's The Wealth of Nations was lauded by America's founders as a landmark work of Enlightenment thinking about national wealth, statecraft, and moral virtue. Today, Smith is one of the most influential icons of economic thought in America. Glory Liu traces how generations of Americans have read, reinterpreted, and weaponized Smith's ideas, revealing how his popular image as a champion of American-style capitalism and free markets is a historical invention. Drawing on a trove of illuminating archival materials, Liu tells the story of how an unassuming Scottish philosopher captured the American imagination and played a leading role in shaping American economic and political ideas. She shows how Smith became known as the father of political economy in the nineteenth century and was firmly associated with free trade, and how, in the aftermath of the Great Depression, the Chicago School of Economics transformed him into the preeminent theorist of self-interest and the miracle of free markets. Liu explores how a new generation of political theorists and public intellectuals has sought to recover Smith's original intentions and restore his reputation as a moral philosopher. Charting the enduring fascination that this humble philosopher from Scotland has held for American readers over more than two centuries, Adam Smith's America shows how Smith continues to be a vehicle for articulating perennial moral and political anxieties about modern capitalism.

Keywords

Philosophy. --- Economics --- Mental philosophy --- Humanities --- History. --- Smith, Adam, --- United States --- Economic policy --- Economic theory --- Political economy --- Social sciences --- Economic man --- Smith, Adam --- Economic policy. --- Economic conditions. --- A Monetary History of the United States. --- Ambivalence. --- American Capitalism. --- American Enlightenment. --- American System (economic plan). --- American Thinker. --- Anna Schwartz. --- Bruno Hildebrand. --- Buoy. --- Buton. --- Capitalism. --- Chicago school of economics. --- Christian Kabbalah. --- Constantine IV. --- Corippus. --- E. P. Thompson. --- Early modern period. --- Ecclesiastical Latin. --- Economics. --- Economist. --- Economy. --- Essay. --- Ethics. --- Family resemblance. --- Forgotten man. --- Francis Fukuyama. --- Frank Hahn. --- Fraud. --- Free trade. --- Friedrich List. --- Fritz Saxl. --- Gilded Age. --- Greek fire. --- Historical figure. --- Hypothesis. --- Ideology. --- International trade. --- Interpersonal relationship. --- Invisible hand. --- Isaac Casaubon. --- Jacob Viner. --- James Tassie. --- Jewish history. --- Jewish studies. --- John Bates Clark. --- John Maynard Keynes. --- Kanji. --- Labor theory of value. --- Laissez-faire. --- Lateran. --- Learning. --- Lecture. --- Liberty Fund. --- Lifestyle (sociology). --- Lighting. --- Lionel Robbins. --- Marquis de Condorcet. --- Mercantilism. --- Michael Burawoy. --- Michael Freeden. --- Michael Polanyi. --- Milton Friedman. --- Moral economy. --- Muslim world. --- Neoliberalism. --- Occupy movement. --- Opportunity cost. --- Persuasion. --- Physiocracy. --- Policy advocacy. --- Political economy. --- Politics. --- Progress and Poverty. --- Propaganda. --- Protectionism. --- Raymond Geuss. --- Re-Define. --- Retirement. --- Richard T. Ely. --- Robert Nozick. --- Roman Law. --- Ronald L. Meek. --- Scottish Enlightenment. --- Self-interest. --- Sexual desire. --- Social phenomenon. --- Suggestion. --- Tariff of 1824. --- Tariff. --- The Philosopher. --- The Price of Admission. --- The Road to Serfdom. --- The Theory of Moral Sentiments. --- The Wealth of Nations. --- Thomas Robert Malthus. --- Treatise. --- Utilitarianism. --- Wealth. --- Whiggism. --- Willibald.

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