Adam Smith's Theory of Moral Sentiments: On Morals and Why They Matter to a Liberal Society of Free People and Free Markets

Author:

Evensky Jerry1

Affiliation:

1. Jerry Evensky is Professor of Economics and Laura J. and L. Douglas Meredith Professor for Teaching Excellence, Maxwell School of Citizenship and Public Affairs, Syracuse University, Syracuse, New York.

Abstract

This essay describes Smith's analysis of ethics in his Theory of Moral Sentiments: the interaction of our nature and our nurturing that makes common civic ethics possible and the dynamic interaction of individuals and extant societal constructions that can lead to ever more mature systems of civic ethics and thus toward those conditions necessary for a constructive, sustainable liberal system.

Publisher

American Economic Association

Subject

Economics and Econometrics,Economics and Econometrics

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