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Review in:
The Diplomat, May, 2005 (http://www.diplomatmagazine.com/)
Adam
Smith's Lost Legacy
Gavin Kennedy (Palgrave Macmillan)
A redemption of Adam Smith from the clutches of Milton Friedman's
acolytes,
aka the Chicago Boys, is long overdue and welcome. The 18th century
Scottish
philosopher cum economist has been claimed as a proponent of
Thatcherite
unbridled laissez faire capitalism for so long and so often that nobody
bothers any more to check if it's true. Professor Kennedy has gone back
to
the texts to take a fresh look at Adam Smith's moral philosophy and
freshly
analyse Smith's masterwork "The Wealth of Nations". He
discovers that
Smith's intellectual legacy was completely transformed in the 19th and
20th
Centuries by economists pursuing different agendas, to create ideas and
policies that Smith did not advocate. Get it half price from the
entrepreneurial author's website
www.adamsmithslostlegacy.com.
336 pages, ISBN 1403947899, UK Price £60
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