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Connections in Political Economy

Adam Smith

Name and Link Type of Resource Description
     
Smith, Adam [1776], The Wealth of Nations.
The text is available online, here or or here
Seminal Text - online --
The Wealth of Nations: Books I-III (Paperback) by Adam Smith (Author), Andrew Skinner (Editor) Penguin Classics; New Ed edition (25 Feb 1982) Link to bookseller

The Wealth of Nations: IV-V (Paperback) by Adam Smith (Author), Andrew S. Skinner (Editor) Penguin Classics (7 Oct 1999) Link to bookseller

Skinner's Introduction provides a useful overview. It is available online here

Seminal Text - paperback All five volumes in two books
The Wealth of Nations (Paperback) by Adam Smith (Author), Kathryn Sutherland (Editor) Oxford Paperbacks; New Ed edition (2 Jul 1998) Link to bookseller

Seminal Text - paperback This edition contains generous selections from all five volumes of The Wealth of Nations, and places Smith's inquiry into its historical, intellectual, and cultural context.
Smith, Adam [1759], The Theory of Moral Sentiments.
The text is available online, here or here.
Seminal Text - online --
The Theory of Moral Sentiments (Paperback) by Adam Smith (Author)Dover Publications (Dec 2006) Link to bookseller

Seminal Text - paperback --
The International Adam Smith Society
Link to Website

Website with links to various sources The International Adam Smith Society was founded in 1995 with two aims: (i) to encourage interdisciplinary scholarly interest in Adam Smith's writings, as well as in topics and issues connected with his writings; and (ii) to provide a forum for the sharing of research and scholarship relating to Adam Smith.
The Society's activities include sponsoring conference sessions in association with other learned societies and promoting communication amongst Smith scholars by providing a regular newsletter for its members.
Heilbroner, Robert L. (2000) The Worldly Philosophers: The Lives, Times and Ideas of Great Economic Thinkers, Chapter 3, 'The Wonderful World of Adam Smith'
Link to bookseller
Excerpt and condensation of this chapter at Commanding Heights website
Another "summary and commentary" on this chapter can be found here
Single Chapter in a survey textbook Classic bestseller defines the common thread linking the world's greatest economic thinkers and explores the philosophies that motivate them. Hailed by Galbraith as a "brilliant achievement", "The Worldly Philosophers" with over 2 million copies sold worldwide, not only enables us to see more deeply into our history, but helps us to better understand our own times. Heilbroner provides the new theme that connects thinkers as different as Adam Smith and Karl Marx: the desire to understand how a capitalist society works. A new chapter conveys a concern that today's increasingly "scientific" economics may overlook fundamental social and political issues that are central to economics.
Warren J. Samuels (Editor), Jeff E. Biddle (Editor), John B. Davis (Editor)
A Companion to the History of Economic Thought.
Publisher: WileyBlackwell, 2006
Ch 7 Adam Smith (1723-1790) Theories of Political Economy
Link to bookseller

Text online here

Chapter in an intermediate textbook. Assembling contributions from top thinkers in the field, this Companion offers a comprehensive and sophisticated exploration of the history of economic thought. The volume has a threefold focus: the history of economic thought, the history of economics as a discipline, and the historiography of economic thought. The essays in the first part focus on the history of economic ideas, with topics ranging from ancient, medieval, and Islamic thought, to Marxian, Utopian, and postwar thought. The second part explores important historiographical topics, including the sociology of economics, methodology, exegesis, and textuality. Each essay serves as a complex introduction to the chosen topic, and gathered together they provide an extensive synthesis of the field as a whole. The volume is an essential resource for anyone researching or studying the history of economic thought, and will also serve as an excellent text for courses in this area.
O'Brien, D. P.
The Classical Economists Revisited
Princeton University Press; 2004
Link to bookseller

Text online here

Intermediate Textbook
Various relevant chapters
The Classical Economists Revisited conveys the extent, diversity, and richness of the literature of economics produced in the period extending from David Hume'sEssaysof 1752 to the final contributions of Fawcett and Cairnes in the 1870s. D. P. O'Brien thoroughly updates, rewrites, and expands the vastly influential work he first published in 1975,The Classical Economists. In particular, he sets out to make clear the shaping of a comprehensive vision of the working of an open economy, building on the great work of Adam Smith inWealth of Nations, a development that was substantially affected by the contributions of David Ricardo. He shows that the Classical literature was in fact the work of a host of thinkers from a wide range of backgrounds. Covering the intellectual roots of the Classical literature and its methodological approaches, and the developed theories of value, distribution, money, trade, population, economic growth, and public finance, and examining the Classical attitudes toward a rich variety of policy issues,The Classical Economists Revisitedconsiders not only the achievements of the Classical writers but also their legacy to the later development of economics. A seminal contribution to the field, this book will be treasured for many years to come by economists, historians of economics, instructors and their students, and anyone interested in the sweeping breadth and enduring influence of the classical economists.
Mark Blaug, Economic Theory in Retrospect. Ch 2: Adam Smith
Publisher: Cambridge University Press; 5 edition (1997)
Link to bookseller

Text online here

Intermediate Textbook
with single chapter on Adam Smith
Concentrates on the development of theory, with discussion of the 'great waves' from Adam Smith through Keynes and beyond.
Chapter 2 includes a "Readers Guide to The Wealth of Nations"
Galbraith, John Kenneth. A History of Economics: The Past as the Present (Penguin Economics) Ch6, The New World of Adam Smith. Penguin Books Ltd, 1991
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Single Chapter in a survey textbook Economic ideas are very much a product of their time and place. If we are to understand modern economics, we can do so only through an understanding of its past, including the powerful and vested interests that moulded the theories to their financial advantage.
Backhouse, Roger. The Penguin History of Economics. Penguin Books Ltd, 2002.
Ch 6, The Scottish Enlightenment of the Eighteenth Century
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Single Chapter in a survey textbook Roger Backhouse takes the story of economics from the Greeks to the dawn of the 21st century. Economics emerged only slowly as a distinct discipline, out of theology, moral philosophy, administration and law. It has been deeply influenced by scientific theories like House of Newton and Darwin, by mathematical methods such as game theory, by statistical techniques and technological advances. And it has always confronted practical issues of welfare and warfare, colonialism and development, the collapse of communism and the difficult transition to capitalist democracy. In addition to placing well-known figures - including Adam Smith, Malthus, Marx and Keynes - in their historical settings, Backhouse brings into his story many important topics that are often neglected. These include the importance of Islam in the Middle Ages; science, politics and economics in 17th-century England; the rise of economics in the USA; inter-war debates over socialism versus the market; the impact of the Second World War; and the late-20th-century proliferation of fields within economics.
Who owns Adam Smith? BBC Audio The 18th Century Scottish philosopher Adam Smith is the father of modern economics but why are the left attempting to lay claim to a man who is associated with the free market?
Andrew Bolger of the Financial Times reports on the tug of love over this long dead economist and asks, who owns Adam Smith?
McLean, Iain, Adam Smith, Radical and Egalitarian: An Interpretation for the 21st Century
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Book This book aims to show that Adam Smith (1723-90), the author of "The Wealth of Nations", was not the promoter of ruthless laissez-faire capitalism that is still frequently depicted. Smith's "right-wing" reputation was sealed after his death when it was not safe to claim that an author may have influenced the French revolutionaries. But, as the author, also, of "The Theory of Moral Sentiments", which he probably regarded as his more important book, Smith sought a non-religious grounding for morals, and found it in the principle of sympathy, which should lead an impartial spectator to understand others' problems.
McLean, Iain, Adam Smith and the modern Left.
available here.
Transcript of a lecture McLean explores the relationship between the ideas of Smith and beliefs of Gordon Brown.
Nolan, Peter. Adam Smith and the contradictions of the free market economy.
Challenge Volume 46, Number 3 / May-June 2003 Pages:112 – 123
Article available for purchase here.
Also published as appendix in the book: China at the Crossroads by Peter Nolan. Polity Press, 2003 Link to bookseller
Published paper / appendix in book on modern China Adam Smith was an advocate of free markets. But this management professor argues he was also completely aware of the internal contradictions of markets. He saw class conflict as inevitable and was dubious that material acquisition could make anyone happy.
Korten, David C. The Betrayal Of Adam Smith
From "When Corporations Rule the World",
Kumarian Press and Berrett-Koehler Publishers, 1995.
Chapter available here.
Chapter in a book on contemporary corporate power.
Chomsky, Noam, The Common Good Transcript From his speech delivered at the Progressive Challenge, an educational forum featuring progressive thinkers and activists, held on Capital Hill on January 9, 1997.
Chomsky argues that contemporary ideology has departed sharply from traditions and values, such as those of Adam Smith, which are still important and significant.