Episode · EconTalk · 2009-05-13
Books mentioned on Dan Klein on The Theory of Moral Sentiments, Episode 5--A Discussion of Parts III (cont.), IV, and V
This is the fifth podcast in the EconTalk Book Club discussion of The Theory of Moral Sentiments by Adam Smith. In this episode, Dan Klein of George Mason University and EconTalk host Russ Roberts finish discussing Part III, and discuss Parts IV and V of the book.
Russ Roberts discussed The Wealth of Nations by Adam Smith, and read The Theory of Moral Sentiments by Adam Smith for a book club. Dan Klein discussed Adam Smith's Marketplace of Life by James R. Otteson and The Fatal Conceit by F. A. Hayek.
Books mentioned, in the order they came up
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The Theory of Moral Sentiments
The Theory of Moral Sentiments by Adam Smith is a seminal 1759 work of moral philosophy that examines the psychological foundations of human judgment, empathy, and social order.
Book club“welcome back to the econ talk book club on the Theory of Moral Sentiments with our guide Dan Klein dan thanks again for joining us”
Where to get it
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The Wealth of Nations
The Wealth of Nations by Adam Smith is a foundational text of classical economics published in 1776 that explores market dynamics, the division of labor, and the nature of national prosperity.
Discussed“to me this was this chapter was had one of the most stunning views of Smith's worldview and it really helped me think about how this book relates to other work of Smith like The Wealth of Nations and as to our roles economist today”
Where to get it
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Adam Smith's Marketplace of Life
Discussed“James audicence 2002 book on Smith Adam Smith's marketplace of life picks up on exactly this he's saying that Adam Smith is declaring developing an invisible hand of morals very parallel to a fear an indivisible hand theory in economics in the market”
Where to get it
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The Fatal Conceit
The Fatal Conceit by F.A.
Discussed“Hayek in the beginning of the fatal conceit clearly talks about how these norms and incentives could emerge evolutionarily as cultures that had the better incentives thrive and those that didn't would struggle”
Where to get it
