Smith's Views on Commercial Society

Dennis Rasmussen and Russ Roberts discuss Adam Smith's perspective on commercial society, highlighting how Smith believed that the benefits of commercial society outweighed the costs. They delve into Smith's thoughts on the corrosive nature of wealth and the pursuit of material goods, as well as the positive role commerce plays in morality.

In this clip
From this podcast
EconTalk
Dennis Rasmussen on Hume and Smith and The Infidel and the Professor
Related Questions
- How does morality affect society as discussed in the episode Rational Optimism | Matt Ridley | EP 153 and the clip Evolving Morality?
- How does capitalism work in the context of the episode Capitalism, Morality, and the Dark Psychology of Social Networks — with Jonathan Haidt and the clip Capitalism's Contradictory Narratives?