Description
Book Synopsis: The unlikely story of how Americans canonized Adam Smith as the patron saint of free markets. Originally 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.
Details
Unlock the secret to American capitalism with Adam Smith's America: How a Scottish Philosopher Became an Icon of American Capitalism. This captivating book takes you on a journey through the influential ideas of Adam Smith, the father of political economy. With its groundbreaking insights, it is no wonder that Smith's masterpiece, The Wealth of Nations, was hailed as a landmark work by America's founders. Discover how Smith's ideas about national wealth, statecraft, and moral virtue have shaped American economic and political thought for centuries.
Glory Liu's meticulously researched book reveals the fascinating story of how Americans have read, reinterpreted, and championed Smith's ideas. As you delve into this riveting narrative, you will uncover how Smith became synonymous with American-style capitalism and free markets, cementing his position as an influential icon. Drawing on a wealth of archival materials, Liu provides a unique perspective on Smith's rise to prominence and his enduring impact on American society.
Have you ever wondered about the origins of the Chicago School of Economics and its emphasis on self-interest and free markets? Adam Smith's America unveils the transformation of Smith into the preeminent theorist of these core economic principles. Liu masterfully explores the historical context and illuminates how Smith's ideas have shaped modern capitalism. Through her in-depth analysis, you will gain a fresh understanding of the moral and political dimensions of Smith's philosophies.
Join a new generation of thinkers and intellectuals as they strive to recover the original intentions of Adam Smith and reestablish his reputation as a moral philosopher. Adam Smith's America sheds light on the ongoing fascination that this modest Scottish philosopher holds for American readers. Through its thought-provoking examination of Smith's enduring relevance, this book tackles pressing moral and political concerns surrounding the current state of capitalism. Don't miss out on this opportunity to explore the complex legacy of Adam Smith and his impact on America.
Ready to delve into the captivating world of Adam Smith's America? Click here to get your copy now!
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