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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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© Gavin Kennedy 2005

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