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After Adam Smith: A Century of Transformation in Politics and Political Economy Hardcover – August 3, 2009

ISBN-13: 000-0691140375 ISBN-10: 0691140375

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Product Details

  • Hardcover: 320 pages
  • Publisher: Princeton University Press (August 3, 2009)
  • Language: English
  • ISBN-10: 0691140375
  • ISBN-13: 978-0691140377
  • Product Dimensions: 9.3 x 6.2 x 1.1 inches
  • Shipping Weight: 1.3 pounds (View shipping rates and policies)
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #2,525,156 in Books (See Top 100 in Books)

Editorial Reviews


Winner of the 2011 David and Elaine Spitz Prize, International Conference for the Study of Political Thought

"This is an important, sound analysis of the interrelation between political and economic theory in the century after Adam Smith. . . . This book exemplifies the best contemporary work on the nexus of political and economic theory."--Choice

"Milgate and Stimson produce a very careful and detailed analysis of early economists ideas on issues shaping the modern concept of the political order, in the process displaying a rich array of competing ideas. . . . [T]his book provides a striking perspective on classical political economy. The reader will benefit from some prior familiarity with Smith, Malthus, Ricardo and J. S. Mill, along with the Utilitarians."--Donald Frey, (Economic History Association)

"In the last decade, scholars have moved away from the interpretation of Smith as a simple economic determinist who espoused lasissez-faire economics, and Milgate and Simpson have advanced their undertaking immensely with this book."--Donald Stabile, Australian Economic History Review

"Milgate and Stimson have undertaken . . . enormous scholarship in writing their book. Scholars and students of the history of economic ideas, as well as of the history of political economy and political thought in nineteenth-century Europe can benefit enormously from this book."--Farhad Rassekh, History of Economic Ideas

From the Inside Flap

"[M]asterful. . . . [After Adam Smith] is far more than a historical reconstruction: Milgate and Stimson provide new insights about how the complex relations between liberal democratic politics and market institutions might be construed. The book's deeply informed reflection on nineteenth century debates about modern capitalism is a major contribution to our understanding of political economy in the liberal democratic tradition."--from 2011 David and Elaine Spitz Prize Award citation

"[T]horough and stimulating . . . readers unfamiliar with these debates can glean a great deal from [Milgate and Stimson]."--Gavin Kennedy, Adam Smiths Lost Legacy

"This work represents the best of contemporary scholarship on the history of political, economic, and social thought. A signal contribution of this book is the demonstration of how far Smiths original vision was from the image that has been conveyed in so much of the secondary literature and which has come to inform contemporary views of markets and politics. Milgate and Stimson have provided an indispensable resource for thinking through the issues manifest in the recent revival of concerns with political economy and its significance for democratic theory."--John G. Gunnell, University at Albany, State University of New York

"After Adam Smith is a superior piece of scholarship, engagingly written and impressively erudite. Milgate and Stimson are first-rate historians of economic ideas."--Ian Shapiro, Yale University

"This is a fascinating and elegant study of the development of political economy and its relationship to political thought. It is a major contribution to economic and political theory, and to the often neglected but hugely important intersections between the two. It tells a compelling and original story, based on extensive scholarship as well as acute competence in economics."--Hannah Dawson, University of Edinburgh

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8 of 9 people found the following review helpful By P. Croshaw on November 19, 2009
Format: Hardcover
This book is the best account of how Adam Smith has come to be presented as the father of neo-liberalism that I've yet come across. Milgate and Stimson deserve thanks for rescuing this story from the hands of those purveyors free-market ideology who claim that self interest and economic rationalism can provide solutions to all our current problems.
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