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Saving Adam Smith : A Tale of Wealth, Transformation, and Virtue - Jonathan B. Wight

Saving Adam Smith

A Tale of Wealth, Transformation, and Virtue

Paperback Published: 1st November 2001
ISBN: 9780130659040
Number Of Pages: 344

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A novel of markets and morals.Adam Smith is back to set the record straight...If Adam Smith returned to life, would he admire the global capitalist system that honors him or would he be horrified? The Wealth of Nations is Smiths most popular work, but Smith himself revered his Theory of Moral Sentiments, an unread classic that searches for the wellsprings of human happiness and virtue. There is virtue in markets, yet Adam Smith would have been appalled by a world that holds wealth above human connections, a world of markets unsupported by an underlying moral fabric ...a world like ours. And so it is in Jonathan Wights Saving Adam Smith, a wondrous imagining in which Adam Smith stands before us today-generous, incisive, committed, and unflinchingly honest. As Smith was a revelation to his contemporaries, so he is to us: a man whose true message-obscured by centuries of misinformation and caricature-has never been more vital for sustaining business and society. Adam Smith has come back to life ...and is he upset...Adam Smith ...Youve heard of him. The Father of Modern Economics. Died in 1790 ...but two centuries later, Adam Smiths spirit is tortured by what it sees on Earth. Tortured by the caricatures promoted in his name. Tortured that weve forgotten the morality at the heart of his message on wealth. Tortured enough to return to Earth ...in the body of an immigrant mechanic in Virginia. Is this madness? At first, doctoral student Richard Burns thinks so. But not for long ...In Saving Adam Smith, Jonathan Wight summons Adam Smith back to life, in a heart-pounding adventure ripped straight out of todays headlines. As the suspense builds, Burns rediscovers Adam Smiths most profound insight about markets: Selfishness is simply not enough. But will he-and Adam Smith-survive long enough to share it? "Wights book is astonishingly good. The storytelling is as good as the business best seller, The Goal, and the economics is better. A few more books like this and economics will no longer be the obscure and dismal science it now seems to the public."-Deirdre McCloskey, Distinguished Professor of Economics, History, and English, University of Illinois at Chicago

"I thought Wight's book astonishingly good. The storytelling is as good as the business best seller, The Goal, and the economics is better. A few more books like this and economics will no longer be the obscure and dismal science it now seems to the public."--Deirdre McCloskey: Distinguished Professor, University of Illinois and Tinbergen Professor, Rotterdam University"SAVING ADAM SMITH uses a modern-day story to give a contemporary voice to the "Father of Capitalism," who for too long has been maligned, misquoted and misunderstood, in order to rationalize an economic system that he himself would never have promoted. I recommend this book to anyone who is studying, teaching or engaged in business, as it holds the key for a moral blueprint from which "economic integration" and trade can be implemented via a socially responsible approach to globalization. Anyone who talks about the "invisible hand" and doesn't understand the moral context in which it operates has probably never read this book, nor ever had the pleasure of a campfire conversation with Adam Smith!"Daniel J. Gertsacov, CEO, Forum on Business and Social Responsibility in the Americas (Forum EMPRESA)"We all live in Adam Smith's economic world, but as Jonathan Wight's wise and witty story show us, it's not exactly the world that Smith had in mind. In his lively tale, Wight brings Smith back to remind economics students and readers of all stripe, that we are not here to serve the economy, the economy is here to serve the needs of everyone in our society."Joanne B. Ciulla, is Professor at the University of Richmond and author of "The Working Life: The Promise and Betrayal of Modern Work." "Wight's tale of adventure presents Smith's insights about self-interest in the wider context of his social philosophy. The book challenges students and economists to follow Smith in making room for justice and conscience in economic choices."David C. Smith President, Council for Ethics in Economics

Preface
Disclaimer
Wealth
Adam Rising
Higher and Deeper
A Dangerous Business
Will the Real Adam Smith Please Stand Up?
Contraband
Self Interest Is Not Selfishness
On the Road with Adam Smith
Creating Wealth
The Poor Man's Son
The Lady Sings
Wealth and Happiness
Transformation
The Search for Profit
Feelings Are Real
Letter to Julia
Another Gypsy Tale
A Full House
Justice
Children of the Enlightenment
Virtue
The Spectator Within
A Paradox
A New Paradigm?
Once Again the Invisible Hand Appeals to Higher Authority
Saying Goodbye
WorldChemm
Postscript
Appendices
Timeline of Adam Smith's Life
Source Notes
Wealth
Transformation
Virtue
Appendices
A Guide to the Literature
Adam Smith's Collected Works
Biographies of Adam Smith
Selected Scholarship on Adam Smith
Economics As a "Social," "Philosophical," or "Moral" Science
The New Paradigm Transformation in Business
The Enlightenment
A Guide for Instructors
Acknowledgments
About the Author
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780130659040
ISBN-10: 0130659045
Series: Financial Times (Prentice Hall)
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 344
Published: 1st November 2001
Publisher: FINANCIAL TIMES PRENTICE
Country of Publication: US
Dimensions (cm): 22.45 x 16.15  x 1.96
Weight (kg): 0.47