Reclaiming Smith’s Legacy

Gavin Kennedy ()

Chapter 57 in Adam Smith’s Lost Legacy, 2005, pp 235-240 from Palgrave Macmillan

Abstract: Abstract Those who misappropriate Adam Smith’s legacy legitimise their errors by the sheer weight of repetition. Falsehood strides round the world in seven leagued boots (so we are told) while truth is still tying its laces, so recovering Smith’s lost legacy awaits an almighty effort to make it succeed. Is it worth it? I believe it is, because the purloining of Smith’s message on natural liberty and justice to replace it with irresponsible policies of laissez faire is an injustice to the memory of a moral philosopher. Let the proponents of laissez faire put their own names to their philosophy and leave Adam Smith’s out of it.

Keywords: Moral Philosopher; High Street; Impartial Spectator; Caveat Emptor; Feudal Lord (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-51119-4_57

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DOI: 10.1057/9780230511194_57

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