Adam Smith and the Political Economy of Improvement

Professor Craig Smith explored Adam Smith’s commitment to the key Scottish Enlightenment idea of Improvement, considering how Smith’s political economy connected to his ideas about the role of government in promoting the wealth of the nation.

The Professor of the History of Political Thought also discussed two distinct models for facilitating economic development drawn from the Scottish experience in the eighteenth century.

Craig Smith is standing with a speaker at the University of Iceland Smith around the world event. Source: Charlotte Morris