SMITH AT 300: ADAM SMITH ON EQUITY, SOCIETY, AND STABILITY

Aida Ramos

Journal of the History of Economic Thought, 2023, vol. 45, issue 2, 195-197

Abstract: In a discussion of wages and labor in the Wealth of Nations (WN), Adam Smith concludes: “No society can be flourishing and happy, of which the far greater part of the members are poor and miserable. It is but equity, besides, that they who feed, clothe, and lodge the whole body of the people, should have such a share of the produce of their own labour as to be themselves tolerably well fed, clothed, and lodged” (Smith [1776] 1994, WN I.viii:90).

Date: 2023
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