This book reexamines Adam Smith's major works from a philosophical point of view. Werhane shows how Smith's three major works, The Theory of Moral Sentiments, Lectures on Jurisprudence, and The Wealth of Nations present a progressive and unified set of theses. This careful study attacks the caricature of Adam Smith as a radical individualist who argued that government should play no role in economic affairs, and that the market is autonomous and self-regulating...