Good Markets and Bad Markets in Adam Smith

Templeton Fellow Professor Emma Rothschild, a Jeremy and Jane Knowles, Professor of History at Harvard University, delivered a talk on Good Markets and Bad Markets in Adam Smith and how we can learn from that today. She discussed how some markets function effectively, how other markets do not work and how people follow incentives to create beneficial and harmful markets.

In an interview with Professor Craig Smith, Emma Rothschild said of Adam Smith: “I hope he's going to be a subject of controversy and serious reading for another 300 years. Historians use an expression, ‘thinking with history’ – and for me, ‘thinking with Adam Smith’ is a perfect way to examine his times and our times.”

 

Visit the George Mason University website to listen to the full lecture

Logo with a small circle with spokes of growing length radiating from it and the words ' The John Templeton Foundation. Inspiring Awe and Wonder'

Craig Smith standing at a podium with an Adam Smith banner behind him Source: Amy Laux

 

Audience asking a question at the Emma Rothchild event holding a microphone. Source: Amy Laux

Panellist holding a microphone answering a question Source: Amy Laux

 

Someone asking a question at the Emma Rothchild event Source: Amy Laux