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portada Lessons from the Global Financial Crisis: The Relevance of Adam Smith on Morality and Free Markets
Lessons from the Global Financial Crisis: The Relevance of Adam Smith on Morality and Free MarketsLessons from the Global Financial Crisis: The Relevance of Adam Smith on Morality and Free MarketsLessons from the Global Financial Crisis: The Relevance of Adam Smith on Morality and Free Markets
Formato
Libro Físico
Año
2010
Idioma
Inglés
N° páginas
104
Encuadernación
Tapa Blanda
Dimensiones
20.8 x 14.5 x 0.8 cm
Peso
0.16 kg.
ISBN
1589795776
ISBN13
9781589795778

Lessons from the Global Financial Crisis: The Relevance of Adam Smith on Morality and Free Markets

Richard Morgan (Autor) · Taylor Trade Publishing · Tapa Blanda

Lessons from the Global Financial Crisis: The Relevance of Adam Smith on Morality and Free Markets - Morgan, Richard

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Reseña del libro "Lessons from the Global Financial Crisis: The Relevance of Adam Smith on Morality and Free Markets"

Adam Smith was an advocate of the free market; however his first and widely-acclaimed work, The Theory of Moral Sentiments, was on ethics. While commentators tend to review this work in isolation from his writing on political economy, Richard Morgan argues that although The Wealth of Nations is concerned with political economy, Smith's pointed attacks on exploitation and greed reflect the ethics outlined in his first work and illuminate the constructive role he proposed for government, which includes ensuring the provision of education and protection of society by regulating the banking system, even while stressing that government regulations be kept to a minimum. Morgan's analysis is extremely relevant to understanding the global financial crisis and the relevance of morality in the free market; it should guide us in setting appropriate policies for the future.

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