How does Smith’s completely new description/understanding of a country’s wealth change the approach to trade? What does this recasting of wealth say about his view of humanity?

The Real Adam Smith (2016) by Johan Norberg

In class we watched Part 2 of The Real Adam Smith: Markets and Morality. The following questions on Part 2 are a regular assignment worth 20 points.

1. How does Adam Smith “subvert” the contemporary distinctions between the right and left?

2. How would you characterize the tone, priorities, and methods of the Scottish Enlightenment?

3. What is the function of approbation in Smith’s ideas on morality?

4. Explain the importance of “social evolution” and the “man of system.”

5. How does Smith’s completely new description/understanding of a country’s wealth change the approach to trade? What does this recasting of wealth say about his view of humanity?

6. What is the potential of the “perfection” of human nature?

How does Smith’s completely new description/understanding of a country’s wealth change the approach to trade? What does this recasting of wealth say about his view of humanity?
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