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Celebrated author James Buchan breathes new life into Adam Smith's legacy and the beginnings of modern economics.

The Scottish philosopher Adam Smith (1723-1790) has been adopted by neoconservatives as the ideological father of unregulated business and small government. Politicians such as Margaret Thatcher and Ronald Reagan promoted Smith's famous 1776 book, An Inquiry into the Nature and Causes of the Wealth of Nations, as the bible of laissez- faire economics. In this vigorous, crisp, and accessible book, James Buchan refutes much of what modern politicians and economists claim about Adam Smith and shows that, in fact, Smith transcends modern political categories.

Drawing on twenty-five years of research, Buchan demonstrates that The Wealth of Nations and Smith's 1759 masterpiece, The Theory of Moral Sentiments, are just brilliant fragments of one of the most ambitious philosophical enterprises ever attempted: the search for a just foundation for modern commercial society both in private and in public. In an increasingly crowded and discontented world, this search is ever more urgent.

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Philosophy, by representing the invisible chains which bind together all these disjointed objects, endeavours to introduce order into this chaos of jarring and discordant appearances, to allay this tumult of the imagination, and to restore it, when it surveys the great revolutions of the universe, to that tone of tranquillity and composure, which is both most agreeable in itself, and most suitable to its nature.

He often appeared, at first, not to be sufficiently possessed of the subject, and spoke with some hesitation. As he advanced, however, the matter seemed to crowd upon him, his manner became warm and animated, and his expression easy and fluent. In points susceptible of controversy, you could easily discern that he secretly conceived an opposition to his opinions, and that he was led upon this account to support them with great energy and vehemence. By the fulness and variety of his illustrations, the subject gradually swelled in his hands, and acquired a dimension which, without a tedious repetition of the same views, was calculated to seize the attention of his audience, and to afford them pleasure, as well as instruction, in following the same object, through all the diversity of shades ...

Every part of their education tends evidently to some useful purpose; either to improve the natural attractions of their person, or to form their mind to reserve, to modesty, to chastity, and to oeconomy; to render them both likely to become the mistresses of a family, and to behave properly when they have become rich.

Why is it that a picture of a carpet should be more precious to a human being than the carpet itself?

It is the desire not just for this respect, but actually to earn it of becoming the proper objects of this respect, of deserving and obtaining this credit and rank among our equals, is perhaps the strongest of all our desires. This, more than the isolated and systematical appetites seem to be Smith's mature and considered thoughts on the sentiments that drive the commercial society.

书籍介绍

Celebrated author James Buchan breathes new life into Adam Smith's legacy and the beginnings of modern economics.

The Scottish philosopher Adam Smith (1723-1790) has been adopted by neoconservatives as the ideological father of unregulated business and small government. Politicians such as Margaret Thatcher and Ronald Reagan promoted Smith's famous 1776 book, An Inquiry into the Nature and Causes of the Wealth of Nations, as the bible of laissez- faire economics. In this vigorous, crisp, and accessible book, James Buchan refutes much of what modern politicians and economists claim about Adam Smith and shows that, in fact, Smith transcends modern political categories.

Drawing on twenty-five years of research, Buchan demonstrates that The Wealth of Nations and Smith's 1759 masterpiece, The Theory of Moral Sentiments, are just brilliant fragments of one of the most ambitious philosophical enterprises ever attempted: the search for a just foundation for modern commercial society both in private and in public. In an increasingly crowded and discontented world, this search is ever more urgent.