Mentioned In Podcasts – Book details

Mentions in Episodes:

• Episode: Cenk Uygur: Trump vs Harris, Progressive Politics, Communism & Capitalism | Lex Fridman Podcast #441
  Podcast: Lex Fridman Podcast
  

  If you think free markets mean there is no government, you read it wrong; go back and reread Adam Smith.
• Episode: The Luddites: Misunderstood Working Class Heroes | STUFF YOU SHOULD KNOW
  Podcast: Stuff You Should Know
  

  One of the other things that happened to kind of—but this thing was full steam ahead when Adam Smith wrote a book in 1776 called 'An Inquiry into the Nature and Causes of the Wealth of Nations.'
• Episode: Admiral Bill McRaven On Capturing Sadam Hussein And Honorable Leadership
  Podcast: The Daily Stoic
  

  Adam Smith, before he wrote The Wealth of Nations, he wrote this philosophy book; he was taught by a professor who was a big fan of Stoics and it’s called The Theory of Moral Sentiments.
• Episode: Meaning Through Responsibility | The Heritage Foundation & Dr. Kevin Roberts | EP 397
  Podcast: The Jordan B. Peterson Podcast
  

  It was the monks of Salaka in the 1200s who first came up with this concept and even Adam Smith himself, I think, would be very comfortable in this exchange that you and I are having about the lack of primacy of the free market as it relates to human goods.
• Episode: The War for Reality | Helen Joyce | EP 379
  Podcast: The Jordan B. Peterson Podcast
  

  I think the partial answer to what you're asking might be to think along the lines of Adam Smith, who saw two different spheres, and in 'The Wealth of Nations,' he talked about the invisible hand which governs the market, but then he also talked about the theory of moral sentiments, which was the realms where the market didn't go.
• Episode: Peter Singer Isn’t a Saint, But He’s Better Than Steve Levitt | People I (Mostly) Admire | Ep 90
  Podcast: People I (Mostly) Admire
  

  Adam Smith's book, The Wealth of Nations, laid out what's called the Invisible Hand Theory, which is the idea that in a market setting, if every individual pursues their own self-interest, the market equilibrium is one that has many amazing characteristics.
• Episode: Warriors & Kings | Senator Josh Hawley | EP 361
  Podcast: The Jordan B. Peterson Podcast
  

  I mean, which to your point, I think is that if you look at his theory of capitalism in The Wealth of Nations, if you look at his theory of moral sentiments, which I think he actually wrote beforehand, you can see that it's embedded in a particular social context, which is frankly very biblically informed.
• Episode: Why Does the Most Monotonous Job in the World Pay $1 Million? (Update) | Episode 493
  Podcast: Freakonomics Radio
  

  This goes all the way back to Adam Smith.
• Episode: Is It Wrong to Enjoy Yourself While the World Is Burning? | No Stupid Questions | Episode 132
  Podcast: No Stupid Questions
  

  Self-interest was something that he wrote a bit about in his later book The Wealth of Nations, but in the Theory of Moral Sentiments he writes about our self-concern in a way that I think would help modern people look at it in a different light.
• Episode: Peter Singer Isn’t a Saint, But He’s Better Than Steve Levitt | People I (Mostly) Admire | Ep 90
  Podcast: People I (Mostly) Admire
  

  It really crashes headlong into this view in economics which I've been so indoctrinated into with so many years in the field and Adam Smith's book, The Wealth of Nations.
• Episode: Peter Singer Isn’t a Saint, But He’s Better Than Steve Levitt | People I (Mostly) Admire | Ep 90
  Podcast: People I (Mostly) Admire
  

  You're referring to the Adam Smith of The Wealth of Nations, but there's also the Adam Smith of The Theory of Moral Sentiments.
• Episode: Can Adam Smith Fix Our Economy? | Freakonomics Radio | Episode 527
  Podcast: Freakonomics Radio
  

  I know The Wealth of Nations is the most famous book, but for me, as mentioned earlier, it's the Theory of Moral Sentiments that serves as the true guide.
• Episode: Can Adam Smith Fix Our Economy? | Freakonomics Radio | Episode 527
  Podcast: Freakonomics Radio
  

  They know about The Wealth of Nations and that Margaret Thatcher, the enemy, always had a copy of Wealth of Nations, the legend goes, in her handbag.
• Episode: Can Adam Smith Fix Our Economy? | Freakonomics Radio | Episode 527
  Podcast: Freakonomics Radio
  

  When Adam Smith was writing The Wealth of Nations in the mid-18th century, it wasn't supermarkets he was worried about.
• Episode: Can Adam Smith Fix Our Economy? | Freakonomics Radio | Episode 527
  Podcast: Freakonomics Radio
  

  Here is a passage from The Wealth of Nations read by John Ewell: While they were traders only, they managed their trade successfully and were able to pay from their profits a moderate dividend to the proprietors of the stock.
• Episode: Can Adam Smith Fix Our Economy? | Freakonomics Radio | Episode 527
  Podcast: Freakonomics Radio
  

  At its peak, which was around the mid-18th century when Adam Smith was writing The Wealth of Nations, the East India Company controlled...
• Episode: Can Adam Smith Fix Our Economy? | Freakonomics Radio | Episode 527
  Podcast: Freakonomics Radio
  

  Writing in The Wealth of Nations, Smith blamed the severity of the famine on the East India Company's improper regulations and injudicious restraints.
• Episode: Can Adam Smith Fix Our Economy? | Freakonomics Radio | Episode 527
  Podcast: Freakonomics Radio
  

  Oh yes, that's another phrase I really love, and to be honest, there are parts of The Wealth of Nations that are mesmerizingly mundane.
• Episode: Can Adam Smith Fix Our Economy? | Freakonomics Radio | Episode 527
  Podcast: Freakonomics Radio
  

  So I think the association of Smith with economics has privileged that particular element in his analysis, which is more apparent in The Wealth of Nations.
• Episode: Can Adam Smith Fix Our Economy? | Freakonomics Radio | Episode 527
  Podcast: Freakonomics Radio
  

  It was in this 17th century building that Smith completed the final editions of his two masterworks: The Theory of Moral Sentiments and, of course, The Wealth of Nations.
• Episode: Can Adam Smith Fix Our Economy? | Freakonomics Radio | Episode 527
  Podcast: Freakonomics Radio
  

  I'm sure he'd have risen with the sun and done some work on his revisions to The Theory of Moral Sentiments and The Wealth of Nations before he put on his dress coat and wandered up Edinburgh's beautiful Royal Mile.
• Episode: Can Adam Smith Fix Our Economy? | Freakonomics Radio | Episode 527
  Podcast: Freakonomics Radio
  

  While he was able to make meaningful revisions to The Theory of Moral Sentiments and The Wealth of Nations during his time at Panmure, he was also, unfortunately, really busy with his day job.
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  But you see the references to The Wealth of Nations.
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  The Theory of Moral Sentiments, The Wealth of Nations; those were the books Adam Smith left behind.
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  If you know anything at all about Adam Smith, it probably comes from his second and most famous book, The Wealth of Nations.
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  In that same year, a Scottish economist named Adam Smith launched another revolution with a book entitled The Wealth of Nations, which exposed for all time the folly of protectionism.
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  And then, of course, with The Wealth of Nations, how do you understand the forces of national wealth?
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  Obviously, some biographers suggest that he was certainly looking at things in the early part of The Wealth of Nations; he talks about pin manufacture, and obviously in Kirkcaldy, that was in the next village to here.
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  If you have read even a little bit of The Wealth of Nations, you may recall the passage that George Proudfoot is talking about here—the pin factory.
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  Here is how Smith put it in The Wealth of Nations: 'If they had all worked separately and independently and without any of them having been educated to this peculiar business, they certainly could not each of them have made 20; perhaps not one pin in a day.'
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  What is Smith trying to explain in The Wealth of Nations?
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  Adam Smith changed that; here is a famous passage from the first of five books that make up The Wealth of Nations: 'It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner but from their regard to their own interest.'
• Episode: Was Adam Smith Really a Right-Winger? | Freakonomics Radio | Episode 526
  Podcast: Freakonomics Radio
  

  As Dennis Rasmussen explained, reconciling The Wealth of Nations with The Theory of Moral Sentiments isn’t particularly difficult.
• Episode: Was Adam Smith Really a Right-Winger? | Freakonomics Radio | Episode 526
  Podcast: Freakonomics Radio
  

  I think the real Adam Smith Problem is that most economists and politicians who refer to The Wealth of Nations for guidance have simply not read The Theory of Moral Sentiments.
• Episode: Was Adam Smith Really a Right-Winger? | Freakonomics Radio | Episode 526
  Podcast: Freakonomics Radio
  

  Do you really think he would publish The Wealth of Nations after dedicating so many years to it with an incomplete understanding of the government's role in providing services like education and transportation?
• Episode: Was Adam Smith Really a Right-Winger? | Freakonomics Radio | Episode 526
  Podcast: Freakonomics Radio
  

  Yes, because The Wealth of Nations is an enormous, sprawling book \u2014elephantine\u2014and it's filled with facts, figures, and arguments, some of them not entirely consistent.
• Episode: Was Adam Smith Really a Right-Winger? | Freakonomics Radio | Episode 526
  Podcast: Freakonomics Radio
  

  In Book Five of The Wealth of Nations, Adam Smith would appear to support this: "For a very small expense, the public can facilitate, can encourage, and can even impose upon almost the whole body of the people the necessity of acquiring those essential parts of education.
• Episode: Was Adam Smith Really a Right-Winger? | Freakonomics Radio | Episode 526
  Podcast: Freakonomics Radio
  

  Here was the big question: would Britain be, as Adam Smith wrote in The Wealth of Nations, a nation of shopkeepers or a nation of government bureaucrats?
• Episode: Was Adam Smith Really a Right-Winger? | Freakonomics Radio | Episode 526
  Podcast: Freakonomics Radio
  

  It has been said that Thatcher carried a copy of The Wealth of Nations in her handbag.
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  The Wealth of Nations is an attack on the entire commercial system of Great Britain.
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  Smith later very famously said that this letter brought on me ten times more abuse than the very violent attack I made on the entire commercial system of Great Britain, meaning of course The Wealth of Nations.
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  There were just the two books: The Theory of Moral Sentiments and The Wealth of Nations, with multiple editions of each since he was an inveterate reviser.
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  Years later in The Wealth of Nations, he would blame the incentives, explaining that professors were paid well whether they taught well or not at the University of Oxford.
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  You see the humanity and understanding of people from The Theory of Moral Sentiments even more so than from The Wealth of Nations.
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  It doesn't say The Theory of Moral Sentiments, but The Theory of Moral Sentiments tells you so much more about Smith than what The Wealth of Nations does.
• Episode: In Search of the Real Adam Smith | Freakonomics Radio | Episode 525
  Podcast: Freakonomics Radio
  

  It also says on the site stood the home of his mother, in which he lived from 1767 to 1776, and completed The Wealth of Nations.
• Episode: Why Does the Most Monotonous Job in the World Pay $1 Million? | Freakonomics Radio | Episode 493
  Podcast: Freakonomics Radio
  

  What does Matheson mean when he says that specialization makes us rich? This idea goes all the way back to Adam Smith. Adam Smith stated that specialization is the royal road to prosperity, because if people specialize, they can truly excel at something.
• Episode: Steve Keen: Marxism, Capitalism, and Economics | Lex Fridman Podcast #303
  Podcast: Lex Fridman Podcast
  

  Reading Rard feels like engaging with a cardboard cutout version of 'The Wealth of Nations', and I find his work trivial.