A Preface to Alessandro Roncaglia’s Essay on Adam Smith (opens in new tab)

As America marks 250 years of independence, Adam Smith is again being pressed into service as a founding myth. A deeper reading of The Wealth of Nations reveals a far richer thinker than today’s easy invocations of markets and liberty suggest. To the New England mind, roads, schools, clothes, and a clean face were connected as part of the law of order or divine system. Bad roads meant bad morals. The moral of this Virginia road was clear, and the boy fully learned it. Slavery was wicked, and ...