2011 Reprint of 1790 London Edition. Today Adam Smith's reputation rests on his explanation of how rational self-interest in a free-market economy leads to economic well-being. It may surprise those who would discount Smith as an advocate of ruthless individualism that his first major work concentrates on ethics and charity. In fact, while chair at the University of Glasgow, Smith's lecture subjects, in order of preference, were natural theology, ethics, jurisprudence, and economics, according to John Millar, Smith's pupil at the time. In The Theory of Moral Sentiments, Smith wrote: "How selfish soever man may be supposed, there are evidently some principles in his nature which interest him in the fortune of others and render their happiness necessary to him though he derives nothing from it except the pleasure of seeing it." The Theory of Moral Sentiments establishes the intellectual framework for all of Smith's later work, including the monumental Wealth of Nations.
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"A worthy and distinctive addition to Adam Smith scholarship and an excellent presentation of the authentic Adam Smith to a wide audience for the 21st century. It is beauty presented, and the editorial work by Ryan Hanley is of the very highest standard. The introduction by Amartya Sen, as always, is excellent and should appeal for its clarity to a wide audience."
-Gavin Kennedy, Emeritus Professor, Heriot-Watt University
"One of the truly outstanding books in the intellectual history of the world...A global manifesto of profound significance to the interdependent world in which we live. It is indeed a book of amazing reach and contemporary relevance."
-Amartya Sen, from the Introduction
"One of the truly outstanding books in the intellectual history of the world...A global manifesto of profound significance to the interdependent world in which we live. It is indeed a book of amazing reach and contemporary relevance."
-Amartya Sen, from the Introduction
Adam Smith's Theory of Moral Sentiments is a text of central importance in the history of moral and political thought. This 2002 volume offers a new edition of the text with helpful notes for the student reader, together with a substantial introduction that sets the work in its philosophical and historical context.
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