This book examines Adam Smith’s main principles in Wealth of Nations as the basis for effective policymaking. Adam Smith wanted to increase happiness through this formula for a good life: equality, liberty, and justice. Free market interpretations of Smith, the book argues, grossly misrepresent his thought, emphasizing only liberty and not also equality and justice. This book suggests policies that combine all three in order for happiness to be maximized.
Hill, John E.
John E. Hill is an award-winning Professor of Politics and History at Curry College, USA. He is the author of Democracy, Equality and Justice: John Adams, Adam Smith and Political Economy (2007).
1.Introduction: A Forgotten Revolutionary Value 2. Justice, Liberty and Equality: Adam Smith's Political Economy3.Smith's Principles for the Twenty-first Century 4. Wealth for All 5.Health6. Education7.Crime8.Common Defense9. Taxes10. Conclusion