Morals and Markets: Adam Smith in Scotland


This three-session conference examined selections from Adam Smith's two central treatises, The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations, in the context of his historical experiences and influences in Scotland, especially the years he spent in Kirkcaldy and Glasgow.


From Liberty Fund

An Inquiry into the Nature and Causes of the Wealth of Nations (vol. 1)

by By Adam Smith
Edited by R. H. Campbell and A. S. Skinner
William B. Todd, Textual Editor

First published in 1776, the year in which the American Revolution officially began, Smith’s Wealth of Nations sparked a revolution of its own. In it Smith analyzes the major elements of political economy, from market pricing and the division of labor to monetary, tax, trade, and other government policies that…

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Additional Readings

Kirkcaldy Civic Society. In the Steps of Adam Smith’s Kirkcaldy. Kirkcaldy: Self-Published, 2001.

Phillipson, Nicholas. Adam Smith: An Enlightened Life. New Haven: Yale University Press, 2010.

Ross, Ian Simpson. The Life of Adam Smith. New York: Oxford University Press, 1995.

Smith, Adam. The Theory of Moral Sentiments. Edited by D. D. Raphael and A. L. Macfie. Indianapolis: Liberty Fund, Inc., 1982.