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The Essential Adam Smith (Essential Scholars) by [James Otteson]

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James R. Otteson

The Essential Adam Smith (Essential Scholars) Kindle Edition

by James Otteson (Author) Format: Kindle Edition

4.6 167 ratings

Part of: Essential Scholars (15 books)

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Adam Smith (1723–1790) is widely hailed as the founding father of the discipline now known as economics, and he is widely credited as the founding father of what is now known as capitalism. Smith’s 1776 book, An Inquiry into the Nature and Causes of the Wealth of Nations, is often cited as the beginning of both economics and capitalism, and its influence since its publication ranks it among the most important works of the last millennium.

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Essential Scholars
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69 pages
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English
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Publication date

February 23, 2019
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914 KB
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Product details

ASIN ‏ : ‎ B07P3WY7NT
Publisher ‏ : ‎ The Fraser Institute (February 23, 2019)
Publication date ‏ : ‎ February 23, 2019
Language ‏ : ‎ English
File size ‏ : ‎ 914 KB
Simultaneous device usage ‏ : ‎ Unlimited
Text-to-Speech ‏ : ‎ Enabled
Screen Reader ‏ : ‎ Supported
Enhanced typesetting ‏ : ‎ Enabled
X-Ray ‏ : ‎ Not Enabled
Word Wise ‏ : ‎ Enabled
Sticky notes ‏ : ‎ On Kindle Scribe
Print length ‏ : ‎ 69 pages

Best Sellers Rank: #2,928 Free in Kindle Store (See Top 100 in Kindle Store)
- #5 in Economic Theory (Kindle Store)
- #8 in Two-Hour Business & Money Short Reads

Customer Reviews:
4.6 167 ratings

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James R. Otteson

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James R. Otteson is the John T. Ryan Jr. Professor of Business Ethics in the Mendoza College of Business at the University of Notre Dame. He received his BA from Notre Dame and a PhD from the University of Chicago. His published work focuses on Adam Smith, eighteenth-century moral and political thought, liberalism, political economy, and business ethics.

Customer reviews

4.6 out of 5

167 global ratings

5 star		72%
4 star		22%
3 star		5%
2 star		1%
1 star		1%

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Asko Korpela

All students of economics should read this book

Reviewed in the United States 🇺🇸 on November 8, 2021

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After myself recently having read Smith's original Wealth of Nations some 55 years too late I was missing this kind of summary, not so much for myself than for beginning students of economics. This claim is not so much for better understanding the original message of Smith, as for the simple reason of the original being too large and unnecessary detailed to be included in the obligatory exam reading list. But this Otteson is not. It is just right, concisely comprehending not only the original wording by citations but quite particularly transmitting in a polished form the Smithian spirit of a market economy. Even for me as his true disciple, a retired economics lecturer. Otteson's special significance for me has been that he crystallizes Smith as the founder of the empirical approach as the origin of all economic theory. This is because my approach as an econometrician has been just that more than deductive from the tradition of the discipline. I also very much enjoyed the rich use by Otteson (lending from the original Smith) of the very closest to the skin of the reader examples in explaining even the most intricate fundamental principles from the famous pin factory to the earning of the daily bread or brick making. They really are delicious reading in their simplicity, offered by Otteson.
All in all, no question other than all five stars as a general assessment of this brilliant book.

4 people found this helpful

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sien

An excellent introduction to the thought of Adam Smith

Reviewed in the United States 🇺🇸 on October 3, 2021

Verified Purchase

The Essential Adam Smith (2019) by James Otteson is an excellent, free, introduction to Adam Smith and his works. Otteson is a professor of Business Ethics at Notre Dame.

I’ve tried to read Adam Smith’s The Wealth of Nations (WN) but have failed and this book has given me more impetus to read WN. The Essential Adam Smith also extensively covers Smith’s Theory of Moral Sentiments (TMS).

Smith was part of the Scottish Enlightenment that also included David Hume, another great that few people have read.

The Essential Adam Smith looks at how Smith developed his philosophy and how his theory of economics was also very much tied into his overall philosophy. Smith viewed morals as something that is developed socially by people interacting with each other. While many have seen Smith as saying that amoral markets work it is not correct. It is also pointed out that Smith thought that governments should let people make their own free choices rather than telling them what to do.

The Essential Adam Smith is a very good book that provides a scholarly overview of Smith’s works and it has very much encouraged me to go and read Adam Smith.

2 people found this helpful

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Dale Heath

Very Good

Reviewed in the United States 🇺🇸 on April 1, 2022

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Usual very good Kindle book.

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Shawn T. Miller

Good if you are too busy to read a longer book.

Reviewed in the United States 🇺🇸 on September 1, 2020

Verified Purchase

This is a great little book. In a short time, a person can learn about Adam Smith's life and thought. It is well worth the small amount of time required to read it.

3 people found this helpful

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Bill

Absolutely phenomenal

Reviewed in the United States 🇺🇸 on May 20, 2022

Verified Purchase

This was, sadly, my first exposure to Adam Smith. His books have been on my reading list for a while, and for the time being this seemed much more approachable to me. It is a quick read, well-articulated, and provides a thoughtful analysis of Adam Smith's works. It is short enough and profound enough I think everyone should read it. Seriously. I loved this book.

One person found this helpful

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Top reviews from other countries

Edson Brusque

Excellent!

Reviewed in Brazil 🇧🇷 on May 22, 2020

Verified Purchase

This is a wonderful condensation of Smith's main ideas. Concise but precise. Direct to the point without sacrificing understanding with very good explanations. Highly recommended!

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The Essential Adam Smith (Essential Scholars) Kindle Edition

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